The inputs used in the production of goods and services are factors of:
A) efficiency.
B) equity.
C) scarcity.
D) production.

Name: The inputs used in the production of goods and services are factors of: A) efficiency. B) equity. C) scarcity. D) production.
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Question

Quizplus · Accepted Answer

The inputs used in the production of goods and services are referred to as factors of production, which include land, labor, capital, and entrepreneurship.

The Inputs Used in the Production of Goods and Services