Factors of Production Include Which of the Following

Transcribed image text. Land refers to the natural resources occurring beneath above and on earths surface.

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. The factors of production used to make the Dreamliner include _____. Factors of production are inputs that are needed to provide goods or services. Human effort that can be applied to the production of goods and services.

The four factors of production in economics include land capital labor. Baiyee-Mbi Agbor-Baiyee PhD Quiz1-Chapter1. B money 7 The night before a midterm exam you decide to.

B Money is not a factor of production factors of production include land labor capital and entrepreneurship. A Factor of Production that is made up of natural resources that are needed to help produce goods and services. Factors of production are also known as inputs in the production process.

Final goods that are used to produce other goods and services. Factors of production include land labor capital and entrepreneurship. They include minerals fertile agricultural land water forests air gas space for building and many others.

A machines made in past years. Money is medium of exchange and hence it cannot help to increase the productivity of an economy like other factors of production thus the factors of production are Land Labour Capital and Entrepreneurship. Which of the following is an example of a natural resource _.

D resources used in training labour. Factors of production are also known as resources. The factors of production in an economy are its labor capital and natural resources.

The resources of nature that can be used for the production of goods and services. Capital as economists use the term refers to. Labor is the amount of work laborers and workers perform that contributes to the production process.

B a stock of physical assets used for production. Principles of Microeconomics Fall 2012 Department of Economics Indiana University-Purdue University Indianapolis IUPUI Lecturer. Answered May 31 2021 by Mikela.

Factors of production include all of the following EXCEPT ________. A machines made in past years. Factors of production from household to firms and the flow of goods and services from firms to households.

Factors of production include all of the following EXCEPT Select one. The factors of production used to make the Dreamliner include _____. Money is not considered as a factor of production.

This problem has been solved. Land labor capital and entrepreneurship. Only those resources that are privately owned are counted as factors of production.

The factors of production include land labor entrepreneurship and capital. Asked May 31 2021 in Business by werdninja. With respect to factors of production which of the following statements is not true.

Machines made in past years. They include land labor capital and entrepreneurship. In order to produce any good or service it is necessary to have factors of production.

D a wheat field that is not irrigated. The factor of production termed labour means human resource The factor or production termed land means natural resources The factor of production termed capital means the money which the owners of firms need in order to set their firms up. Read Eye on the Dreamliner.

Only those resources that are privately owned are counted as factors of production. Capital A Factor of production that includes anything produced in an economy that is used to produce other goods and services. A factor of production that have been produced for use in the production of other goods and services.

The correct answer is B. What is Economics Answer Key C entrepreneurship D an. Entrepreneur A person who operating within the context of a market economy seeks to earn profits by finding new ways to organize factors of production.

They four in number and include land entrepreneurship capital and labor. Factors of production include all of the following except A land B labor C from LAW 1000 at Baruch College CUNY. When human resources is used to describe one of the four factors of production it includes which of the following.

Which of the following lists the four factors of production. C the organization of human and material resources for production. Economists traditionally divide the factors of production into four categories.

People who are employed or would like to be are considered part of the labor available to the economy. B money C entrepreneurship D an wheat field that is not irrigated Answer. Which of the following is not a factor of production.

Labor is the human effort that can be applied to the production of goods and services. Then answer the following questions. Actually it is labour which in cooperation with land makes production possible.

Land is a passive factor whereas labour is an active factor of production. Determining these factors ensures efficient production and successful completion of projects and purchase orders. Factors of production define resources used to produce or create finished goods and services the sale and purchase of which keeps the market economy afloat.

Factors of production include all of the following except _______. Human intellect and creativity. 6 Factors of production include all of the following EXCEPT ________.

A a natural resources found everywhere. The factors of production include the following except a. Land and labour are also known as primary factors of production as their supplies are determined more.

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