Primary factors of production are:
A) labor, land, and capital.
B) labor and capital.
C) labor and land.
D) capital and land.
E) irreplaceable inputs.
Correct Answer:
Verified
Q5: In a market system, the what decision
Q6: The principle of the "invisible hand" claims
Q7: A society which forgoes present consumption:
A)is forced
Q8: "Distribution" in economics refers to:
A)retailing, wholesaling, and
Q9: In a perfectly competitive market economy the
Q11: Which of the following statements is true
Q12: Policy designed to assist individual families with
Q13: Capital is defined by economists as:
A)money needed
Q14: Barter is inconvenient because:
A)bargaining power is unequal
Q15: Which of the following is a negative
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