Which of the following is not a factor of production?
A) A psychiatrist.
B) The $100,000 used to start a new business.
C) A bulldozer.
D) Six thousand acres of farmland.
Correct Answer:
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Q6: Which economist argued that free markets unleashed
Q11: A consequence of the economic problem of
Q12: Which of the following is not one
Q14: Opportunity cost may be defined as the
A)Goods
Q14: Capital,as economists use the term,refers to
A)The money
Q14: With respect to factors of production,which of
Q15: A production possibilities curve indicates the
A)Combinations of
Q17: The fundamental problem of economics is
A)The law
Q19: Which of the following is an assumption
Q21: The production possibilities curve illustrates
A)The limitations that
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