Keeping in mind economistsʹ definition of factors of production, which of the following is NOT a factor of production?
A) coal
B) an engineer
C) low-skilled labor
D) money
Correct Answer:
Verified
Q57: When a firm decides to produce more
Q58: When a textile company keeps track of
Q59: When an economy produces more houses and
Q60: The largest part of what the United
Q61: Which of the following is NOT a
Q63: Factors of production are grouped into four
Q64: Which factor of production earns profit?
A) human
Q65: Which of the following are considered factors
Q66: Overtime worked by a JCPenney associate is
Q67: The fact that people with higher incomes
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents