Multiple Choice
With respect to factors of production, which of the following is NOT considered a primary factor?
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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?28views
- Multiple ChoiceWhich of the following factors of production do we typically have the least amount of control over?33views
- Multiple ChoiceAccording to the traditional view of the production process, capital is subject to which of the following?19views
- Multiple ChoiceWhich of the following are examples of factors of production that affect the output of a car repair shop?31views
- Multiple ChoiceVariable inputs are defined as any resource that:35views
- Multiple ChoiceWhich of the following lists correctly identifies the four main factors of production in economics?32views
- Multiple ChoiceWhy did many business owners choose to move their mills to cities during the industrial era?26views
- Multiple ChoiceWhich of the following is an example of a labor resource?32views
- Multiple ChoiceWhich situation best illustrates the concept of division of labor?39views
- Multiple ChoiceWhich of the following best describes labor utilization in the context of factors of production?35views
- Multiple ChoiceHow does specialization contribute to the division of labor within a business?30views
- Multiple ChoiceWhich of the following factors affects employers' decisions on how much to pay their workers?23views
- Multiple ChoiceWhich of the following factors of production can be responsible for a drop in the unemployment rate?24views
- Multiple ChoiceFrom the point of view of producers, which of the following is NOT considered a factor of production?13views