| 21. | Capital is regarded as secondary factor of production as it can be manipulated by economic activity.
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| 22. | Labor is the specific factor of production and payment is made in the form of wage.
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| 23. | Labor is a key economic factor of production.
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| 24. | In the long run, all of these factors of production can be adjusted by management.
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| 25. | The factors of production are labor and capital.
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| 26. | The official story is that the factors of production all add value to the new output.
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| 27. | Labor, the only factor of production, is prime.
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| 28. | Boulding's factors of production accomplish this task.
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| 29. | Extending the CES ( Solow ) form to accommodate multiple factors of production creates some problems, however.
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| 30. | Land is the primary factor of production.
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