2006-09-21 15:02:26 · 4 answers · asked by Anonymous in Social Science ➔ Economics
Traditionally in Economics, the two inputs are labor and capital.
Labor is a variable factor of production, meaning that it varies with the quantity produced, while capital tends to be a fixed factor of production, or held at the same amount regardless of level of production (although capital can be variable, as seen in the example below).
If you mean what type of inputs go into a specific market, then it would be a question of specialized labor and capital, such that it is a particular form of input for the good being produced. For example, when making cars, some capital inputs are steel (which is variable) and factories (which are fixed) and then different levels of labor inputs from assembly line to management (again, variable inputs).
Hope this helps!
2006-09-23 06:53:37 · answer #1 · answered by Jenn 2 · 0⤊ 0⤋
It's hard to answer this question without knowing the context.
In simple economic models, it is typical to assume two inputs, labour and capital. Raw materials are ignored because the ratio of input to output is constant.
If you mean categories, the answer might be capital and operating. Or perhaps fixed and variable.
2006-09-21 18:07:32 · answer #2 · answered by Marakey 3 · 0⤊ 1⤋
one individual and the other collective inputs
2006-09-25 01:40:14 · answer #3 · answered by Anonymous · 0⤊ 0⤋
to repeat the above question, inputs to what? tell us and i'll get back to you
2006-09-21 23:36:32 · answer #4 · answered by mr. me 3 · 0⤊ 1⤋