0. Basic Principles of Economics

Which of the following is an example of a factor of production used by a firm?

Which of the following is considered a factor of production in microeconomics?

Which two factors are most crucial in determining labor productivity?

The manufacturing of garden equipment is an example of which primary factor of production?

Industrial machinery is an example of which factor of production?

Which of the following would be a good argument for why a resource or capability is considered valuable in the context of factors of production?

Which of the following is NOT considered a factor that affects productivity?

Which of the following is NOT a reason to consider when selecting the location of your business?

Which two economic factors are most commonly used to assess a country's attractiveness as a market for investment?

Which term is generally associated with machines and other capital goods in the context of factors of production?

Which of the following factors can increase the bargaining power of buyers in a market?

Which of the following can shift the resource demand curve in a market?

Investment, as defined by economists, would include the purchase of a:

Which of the following best describes a reason that consumer demand can change?

In the context of factors of production, what would tortilla manufacturers have needed to do in order to make the same profit if the price of flour increased?