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Factors of production
Page 4
Questions (180)
List the factors of production that an entrepreneur must facilitate in a free-enterprise market.
(1 point) labor and capital
1 answer
asked anonymously
35 views
List the factors of production that an entrepreneur must facilitate in a free-enterprise market.
(1 point) labor and capital
1 answer
asked anonymously
28 views
Societal constructs that determine how goods and services are used and owned are known as
which of the following? (1 point)
1 answer
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What are the four factors of production
1 answer
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7 views
What are the factors of production
1 answer
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A nation can increase its production possibilities by:
shifting resources from investment good production to consumer good
1 answer
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How does human capital differ from physical capital? (1 point)
Human capital is the knowledge and skill to create a product, and
1 answer
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A factor of production is the same as:
the amount of a good produced. the price of a good. an opportunity cost. a resource.
1 answer
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Land, machines, tools, labor (workers), and new businesses are all what?
1 answer
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The three main questions that you have to answer to build an economy are ____ to produce ____ to produce it, and for ____ it
1 answer
asked by
Joshua owns a small business selling bagels. He kn
10 views
Iron, minerals, coal and plants are examples of which factor of production?
A. Entrepreneurship B. Land C. Capital D. Labour
1 answer
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27 views
The resources needed to produce goods and services (land, labor, and capital) is the ___.
The process of developing machine
1 answer
asked by
Glenn Logan Wilken gbhs
11 views
The American automobile industry developed in Michigan primarily as a result of which site factor?
(1 point) Responses land land
1 answer
asked by
hahahaha
17 views
Labor, land, and capital combined determine
(1 point) Responses the price of a manufacturer’s goods. the price of a
1 answer
asked by
hahahaha
19 views
How are capital resources used in production?
(1 point) • They allow producers better access to world markets. • They make it
1 answer
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23 views
Think about a good or a service you could produce in the future. This might be something you already make, something related to
1 answer
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11 views
How are capital resources used in production?
(1 point) They allow producers • better access to world markets. They make it
1 answer
asked by
Lady
6 views
How are capital resources used in production?
(1 point)
1 answer
asked anonymously
6 views
How are capital resources used in production?
a. They allow producers better access to world markets. b. They make it possible to
1 answer
asked anonymously
5 views
specialization most helps producers by growing what?
consumer demand labor productivity prices of goods levels of trade
1 answer
asked by
ariianqtor
8 views
How are capital resources used in production?
1 answer
asked anonymously
5 views
How does specialization help producers?
1 answer
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8 views
Upon investigation, which factor of production grew in prominence due to industrialization?(1 point)Responsescapital capital
1 answer
asked by
T.S.
12 views
How can a community manage its factors of production to ensure continued availability of labor? (1 point)
A. prevent waterways
1 answer
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10 views
Upon investigation, which factor of production grew in prominence due to industrialization?(1 point)
Responses resources
1 answer
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4 views
How do improvements in technology and human capital influence productivity, economic growth, and standard of living within an
1 answer
asked by
hunny
6 views
Upon investigation, which factor of production grew in prominence due to industrialization?(1 point)
Responses capitalism
1 answer
asked anonymously
4 views
The reward for an entrepreneur as a factor of production is
1 answer
asked by
Desi Brown
8 views
The reward for an entrepreneur as a factor of production is
A. Commission B. Interest C. Profit D. Rent E. Salary
1 answer
asked by
Desi Brown
4 views
Upon investigation, which factor of production grew in prominence due to industrialization?(1 point)
Responses capital capital
1 answer
asked anonymously
2 views
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Parent Categories (21)
Basic Economics Concepts
Business
Circular Flow Diagram
Circular Flow Model
Circular flow of economic activity
Economic principles
Economics
Economics concepts
Economics or Industries
Entrepreneurship
Heckscher-Ohlin Theorem
Knowledge and expertise
Labor Management
Macro-economics
Macroeconomics
Market Systems
Markets
Microeconomics
Production
Resource Markets
Resources