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INPUTS
Raw Materials and /or
Component Parts
FACTORS OF PRODUCTION
Land, Labour, Capital,
Entrepreneur, Infrastructure
Transport
Factory
Transport
Outputs (Products)
MARKET
MONEY
11/17/2016 11sonawane11jan@rediffmail.com
COST OF
DISTRIBUTION OF
PRODUCTION
DECISION TO LOCATE
FACTORY AT SITE
COST OF
PRODUCTION SITE
COST OF OBTAINING RAW
MATERIALS AT SITE
11/17/2016 12sonawane11jan@rediffmail.com
CLASSIFICATION
OF INDUSTRY
SIZE
RAW MATERIALOWNERSHIP
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Factors of Production and Classification of Industry