Factors of production are the
A) goods that are bought by individuals and used to provide personal enjoyment.
B) productive resources used to produce goods and services.
C) goods that are bought by businesses to produce productive resources.
D) productive resources used by government to increase the productivity of consumption.
E) goods and services produced by the economy.
Correct Answer:
Verified
Q11: Which of the following is a consumption
Q12: The largest share of total production in
Q13: Items that are purchased by individuals for
Q14: Which of the following is NOT considered
Q15: Which of the following correctly lists the
Q17: What would be an example of a
Q18: Which of the following has been the
Q19: The Melbourne Ski Shop, based in Melbourne,
Q20: Over time, the percentage of total employment
Q21: The income earned by entrepreneurs is
A) wages.
B)
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