The most important factors of production are
A) labour, land, and capital.
B) water, earth, and knowledge.
C) money, stocks, and bonds.
D) management, finance, and marketing.
Correct Answer:
Verified
Q1: Firms are willing to pay more for
Q2: A compensating differential is the difference in
Q4: A decrease in the demand for fish
A)
Q5: A factor exhibits diminishing marginal productivity if
Q6: At least some of the difference in
Q7: If there is a difference in wages
Q8: If a factor exhibits diminishing marginal product,
Q9: If there is an increase in the
Q10: The value of the marginal product of
Q11: An increase in the supply of capital
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