Multiple Choice
Suppose that a small company is considering building new manufacturing plants. Which factor of production is most directly associated with the construction of these plants?
0. Basic Principles of Economics
Factors of Production
Back0. Basic Principles of Economics
Factors of Production
- Multiple ChoiceWhich two major types of agents are commonly used by producers in the context of factors of production?
- Multiple ChoiceWhich of the following activities is NOT considered an input in the production process?
- Multiple ChoiceWhich of the following is an example of capital as a factor of production?
- Multiple ChoiceRefer to Figure 13-1. As the number of workers increases, which of the following is most likely to occur in the short run?
- Multiple ChoiceWhat is most likely to happen to businesses that lack capital as a factor of production?
- Multiple ChoiceWhich of the following is an example of a capital resource?
- Multiple ChoiceThe people who perform jobs and tasks are part of which factor of production?
- Multiple ChoiceWhich of the following is NOT one of the four broad categories of factors of production?
- Multiple ChoiceWhich term refers to all of the people who are willing and able to work in an economy?
- Multiple ChoiceWhich of the following is considered a man-made resource in the context of factors of production?
- Multiple ChoiceWhich factor of production determines who a society will produce goods and services for?
- Multiple ChoiceWhich of the following are factors that typically motivate entrepreneurs as they start a business?
- Multiple ChoiceEconomic sectors are determined based on which of the following criteria?
- Multiple ChoiceRicky wants to start a farm and grow wheat. Considering the factors of production, which location would be the best choice for him to relocate?1views