GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Malaysia is providing incentive to draw talent to Malaysia. When these talents are employed they contribute to the production process. The talents are considered as a factor production of
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land
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labour
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entrepreneur
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capital
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Explanation:
Detailed explanation-1: -The two branches of economics are microeconomics and macroeconomics. Economics focuses on efficiency in production and exchange.
Detailed explanation-2: -Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society.
There is 1 question to complete.