Factors of Production Are Different from Inputs in That Factors

question 291

Multiple Choice

Factors of production are different from inputs in that factors of production:

• A)can be used over and over again,but inputs cannot.
• B)can be used only once,whereas an input can be used over and over again.
• C)refer only to labor,while inputs refer to machinery.
• D)encompass only land and other natural factors,while inputs are ingredients.

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Definitions:

Volcanic Necks

The solidified remains of magma within a volcanic vent, often exposed after the surrounding rock has eroded away.

Viscous Lava

Lava that has a high silica content, making it thick and slow-moving.

Volcanic Vents

Openings in the Earth's crust from which molten rock, gases, and ash are ejected or emitted.

Volcanic Domes

Rounded, bulbous formations of viscous lava that are created by slow eruptions and accumulate around a volcano's vent.