Keep in mind that not all leasing companies allow lease assumptions. This takes us back to step oneâconsulting your lease contract. You must examine your specific lease stipulations before going through a lease assumption or any other lease-termination process. Be aware of the consequences of whatever action you take.
In other words, a factor is limiting if a change in the factor produces increased growth, abundance or distribution of an organism, when other factors necessary to the organisms life do not. Limiting factors may be physical or biological.
Transcript. 1  The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services. This includes not just land, but anything that comes from the land.