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    Nicla P.
    LK
    Nicla P.

    as i think service is something which we can only consume .such as the service provided by a doctor.

    FAKOLADE O.
    NG
    FAKOLADE O.

    how can scarcity be managed in production

    Sonia S.
    CD
    Sonia S.

    Does the service sector also involve banking,e-commerce and the legal field.

    Sonia S.
    CD
    Sonia S.

    Because the factors of input are limited ,will the natural resource s run out?.

    Ibrahim A.
    NG
    Ibrahim A.

    Human wants for goods and services can never be fully satisfied because the resources, also known as the factors of production or inputs in the production process, are limited. Wants are the material desires to satisfy the needs

    Ibrahim A.
    NG
    Ibrahim A.

    What are the different between satisfied and desires

    Ibrahim A.
    NG
    Ibrahim A.

    It is Human wants for goods and services can never be fully satisfied because the resources, also known as the factors of production or inputs in the production process, are limited. Wants are the material desires of needs individuals and groups of people that stimulate economic activity as producers try to satisfy the wants. Resources are the factors of production that are combined to produce goods and services, and they can be divided into four main categories. Natural resources like fertile soil, water, trees and minerals that can be used as inputs in the production process are classified as land and Capital.. Capital refers to manufactured elements of production, such as machinery and buildings, used to produce other goods and services. while is natural gift

    Ibrahim A.
    NG
    Ibrahim A.

    It refer to Human wants for goods and services can never be fully satisfied because the resources, also known as the factors of production or inputs in the production process, are limited.Wants are the material desires of needs individuals and groups of people that stimulate economic activity as producers try to satisfy the needs.Capital refers to manufactured elements of production, such as machinery and buildings, used to produce other goods and services. They government produces capital on a large scale to help private businesses operate efficiently. it is known as infrastructure or social overhead capital, and includes public transport, public hospitals, roads and railway lines. The human effort in the production process is termed labour.

    Brendan K.
    MW
    Brendan K.

    what is infrastructure?

    Harrison A.
    AT
    Harrison A.

    Is services really intangible and why ?

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