Multiple Choice
Which of the following is bought and sold in factor markets?
63
views
0. Basic Principles of Economics
Factors of Production
Back0. Basic Principles of Economics
Factors of Production
- Multiple ChoiceSomeone taking a course in web design is primarily affecting which factor of production?41views
- Multiple ChoiceWhich type of economy typically offers uniformity in wages regardless of individual productivity?45views
- Multiple ChoiceWhen deciding to add capacity to a factory, which of the following need not be considered?48views
- Multiple ChoiceWhich of the following statements regarding factor conditions in Porter's Diamond Framework is true?50views
- Multiple ChoiceWhy might higher interest rates deter a firm from building a new factory?50views
- Multiple ChoiceIn the context of factors of production, activity rates are determined by which of the following?56views
- Multiple ChoiceWhich of the following is an example of a capital good?65views
- Multiple ChoiceEducated people may generate ideas that increase production. These ideas are best classified as which factor of production?49views
- Multiple ChoiceWhich of the following is the most likely example of a production industry?62views
- Multiple ChoiceOne consequence of automation is that producers need fewer:59views
- Multiple ChoiceWhich of the following factors affects the demand for loanable funds?54views
- Multiple ChoiceWhich of the following is an example of a capital resource?49views
- Multiple ChoiceA sudden drop in the average consumer income would be an example of which environmental force affecting the factors of production?62views
- Multiple ChoiceWhich of the following is NOT an example of a factor of production?47views