Tertiary Catalogue

Factors of Production

The Economics of Agriculture

For an agricultural business to be financially viable, expenditure on land, labour and capital is key. This video looks at the approaches taken by a wool farm and a beef farm towards these three factors of production. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture.

Rating: E
Production Year: 2020
Duration: 10 min
Series: The Economics of Agriculture
Printable Resources: Yes

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