Factor inputs
What Factor inputs means in Economics A-Level, as defined for AQA.
Definition of Factor inputs
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Reference: AQA
The physical quantities used in production, such as workers and ovens, which both concepts link to the physical quantity of output produced.
Topics that use Factor inputs
- The law of diminishing returns and returns to scale (AQA A-Level)
Related terms
- Capacity constraints
- Costs of production
- Diminishing marginal returns
- Economies of scale
- Factors of production
- Law of diminishing returns
- Long run
- Long-run average cost curve
Using Factor inputs in the exam
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