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1.2.3 Quantity and quality of the factors of production

Unit 1.2.3 - Quantity and quality of the factors of productionThis section of the IGCSE Economics (0455) syllabus requires students to understand the causes of changes in the quantity and quality of the various factors of production.The quantity and quality of the four factors of production will change following a change in the demand for and/or supply of these resources. Some examples of the causes of changes in the...

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