What is another name for goods and services produced by firms?
A) factors of production
B) outputs
C) inputs
D) resources

Name: What is another name for goods and services produced by firms? A) factors of production B) outputs C) inputs D) resources
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Question

Quizplus · Accepted Answer

Outputs refer to goods and services produced by firms. Factors of production, inputs, and resources refer to the resources used in production such as labor, capital, land, and natural resources.

What Is Another Name for Goods and Services Produced by Firms