Multiple Choice
Which of the following best describes labor utilization in the context of factors of production?
43
views
0. Basic Principles of Economics
Factors of Production
Back0. Basic Principles of Economics
Factors of Production
- Multiple ChoiceHow does specialization contribute to the division of labor within a business?44views
- Multiple ChoiceWhich of the following factors affects employers' decisions on how much to pay their workers?34views
- Multiple ChoiceWhich of the following factors of production can be responsible for a drop in the unemployment rate?34views
- Multiple ChoiceFrom the point of view of producers, which of the following is NOT considered a factor of production?23views
- Multiple ChoiceWhich of the following business activities has the most long-term impact on production?50views
- Multiple ChoiceIn microeconomics, routes such as transportation networks are built based on which factor of production?35views
- Multiple ChoiceIn the context of factors of production, which of the following best describes the quantity of money supplied?29views
- Multiple ChoiceWhich of the following would cause the wage for computer programmers to increase?37views
- Multiple ChoiceAn increase in input productivity will most likely:38views
- Multiple ChoiceWhich of the following is NOT considered a factor of production in economics?57views
- Multiple ChoiceWhich of the following best describes the factors of production in economics?533views
- Multiple ChoiceWhy do business firms need financial capital?44views
- Multiple ChoiceWhich term refers to variables in an economy that cause a change in price or supply and demand?38views
- Multiple ChoiceEconomic factors in decision making fall under the category of:53views