Primary factors of production could include land, labor and capital.
Correct Answer:
Verified
Q115: The how problem, as well as the
Q116: If an economy is not on its
Q117: If a country's production-possibility frontier is expanding
Q118: The PPF offers the menu of choices
Q119: Knowledge of the point on the production
Q120: Economies never operate beyond their production-possibility frontiers.
Q122: Growth in an economy's capital stock can
Q123: Poor money management by the government, aside
Q124: Excessive investment in capital goods can actually
Q125: The major difference between capitalism and socialism
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