An input differs from a factor of production in that the former gets used up in production,while the latter is an enduring source of income for its owner.
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Q183: Approximately 71% of income generated in the
Q184: Capital,the factor of production,includes physical capital (such
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Q186: A wage _ reduces the quantity of
Q187: Which factor will NOT shift the labor
Q189: A backward-bending supply curve of labor shows
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Q191: The _ effect of a _ wage
Q192: Which factor will NOT shift the labor
Q193: In terms of labor supply,the substitution effect
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