Categorized as a poison, boric acid can present dangers to humans and animals. According to the Natural Pesticide Information Center, boric acid toxicity ranges from minor to serious. Minor toxicity usually results in skin and eye irritation.
Factors Of Production. Factors of production is an economic term describing the general inputs used to produce goods and services to make a profit. Under the classical view of economics, the factors of production consist ...
ANSWERS TO END-OF-CHAPTER QUESTIONS. What are the four supply factors of economic growth? What is the demand factor? What is the efficiency factor? Illustrate these factors in terms of the production possibilities curve. The four supply factors are the quantity and quality of natural resources; the quantity and quality of human resources; the stock of capital goods; and the level of technology. The demand factor is the level of purchases needed to maintain full employment. The efficiency factor refers to both productive and allocative efficiency. Figure 17.1 illustrates these growth factors by showing movement from curve AB to curve CD.