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Which services are provided by families to a firm?
Land
Labour
Capital and Enterprises
All the above
- Families provide a variety of services to firms, contributing to the functioning and growth of businesses.
- Land: Families may own land that they rent or lease to firms for production or business purposes.
- Labour: Families supply labor when individuals work for firms, contributing skills and effort.
- Capital and Enterprises: Families provide capital by investing in businesses or starting their own enterprises, enabling production and innovation.
- Each option represents a crucial factor of production that families contribute to firms.
Answer: Option 4 - All the above.
By: santosh ProfileResourcesReport error
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