Multiple Choice
With respect to factors of production, which of the following is NOT considered a primary factor?
49
views
0. Basic Principles of Economics
Factors of Production
Back0. Basic Principles of Economics
Factors of Production
- Multiple ChoiceIn the production process, the manager must do which of the following?55views
- Multiple ChoiceWhich of the following factors of production do we typically have the least amount of control over?59views
- Multiple ChoiceAccording to the traditional view of the production process, capital is subject to which of the following?49views
- Multiple ChoiceWhich of the following are examples of factors of production that affect the output of a car repair shop?62views
- Multiple ChoiceVariable inputs are defined as any resource that:65views
- Multiple ChoiceWhich of the following lists correctly identifies the four main factors of production in economics?52views
- Multiple ChoiceWhy did many business owners choose to move their mills to cities during the industrial era?54views
- Multiple ChoiceWhich of the following is an example of a labor resource?65views
- Multiple ChoiceWhich situation best illustrates the concept of division of labor?72views
- Multiple ChoiceWhich of the following best describes labor utilization in the context of factors of production?59views
- Multiple ChoiceHow does specialization contribute to the division of labor within a business?69views
- Multiple ChoiceWhich of the following factors affects employers' decisions on how much to pay their workers?48views
- Multiple ChoiceWhich of the following factors of production can be responsible for a drop in the unemployment rate?48views
- Multiple ChoiceFrom the point of view of producers, which of the following is NOT considered a factor of production?38views