ABSTRACT
The study of how individuals and groups decide to use scarce
economics. Therefore, a review of some basic economic concepts
for considering the responses of a firm or individual to changing
broad categories in the study of economics:
1. Land all natural resources such as agricultural land and underground gas and petroleum reserves
4. Management a special type of "labor" performed by managers in a firm to combine the other input resources so as to create useful goods and services
OWners of these factors of production receive returns for the use
and specific goods used in production systems or other operating
systems.
