Multiple Choice
Which of the following is an example of labor specialization?
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0. Basic Principles of Economics
Factors of Production
Back0. Basic Principles of Economics
Factors of Production
- Multiple ChoiceWhich of the following is a labor resource?55views
- Multiple ChoiceIn the context of factors of production, what role do entrepreneurs play in the economic decisions a society makes?51views
- Multiple ChoiceFarms, mines, and lumber companies are examples of which factor of production?49views
- Multiple ChoiceThe decision-making unit of a purchasing organization is called its ________.35views
- Multiple ChoiceWhich of the following is a limitation of the factors of production?42views
- Multiple ChoiceIn the context of factors of production, which channel member is primarily responsible for making the product?37views
- Multiple ChoiceWhich of the following is NOT considered a factor of production in economics?63views
- Multiple ChoiceWhich factor of production most negatively affected open range cattle ranching in the late 19th century?49views
- Multiple ChoiceWhich of the following is most directly affected by the factors of production?44views
- Multiple ChoiceWhich factor of production is most commonly cited as the primary reason for differences in living standards across countries?41views
- Multiple ChoiceWhich of the following is an example of a land resource?59views
- Multiple ChoiceWhich of the following is an example of human capital?62views
- Multiple ChoiceWhich of the following transactions would take place in the resource market?57views
- Multiple ChoiceWhich of the following is NOT considered one of the four main factors of production in economics?43views