In general, economists place all factors of production into which three categories?
A) Land, labor, and capital
B) Technology, land, and capital
C) Land, labor, and technology
D) Technology, labor, and capital
Correct Answer:
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Q14: The demand for factors of production is
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Q20: The demand for factor inputs:
A)depends upon the
Q21: All factors of production eventually experience:
A)decreasing average
Q22: Farming in poor countries is considered to
Q23: The table shown displays the production schedule
Q24: The marginal product generated by an additional
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