Factors of Production
For an agricultural business to be financially viable, expenditure on land, labour and capital is key. This video looks at the approaches taken by a wool farm and a beef farm towards these three factors of production. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture.
Production Year: 2020
Duration: 10 min
Series: The Economics of Agriculture
Printable Resources: Yes
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