Which of the Following Is Not a Factor of Production

question 182

Multiple Choice

Which of the following is not a factor of production?

• A)the water used to cool a nuclear power plant
• B)the effort of farmers raising cattle
• C)the wages paid to workers
• D)the management skill of a small business owner
• E)the land used by a farmer to grow wheat

Understand how changes in activity measures affect costs in an ABC system.

Understand the fundamentals of activity-based costing (ABC) and its application in different business scenarios.

Apply activity-based costing to calculate the break-even price for products or services.

Identify the components and calculations involved in time-driven activity-based costing.

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Definitions:

Borderline Personality Disorder

A mental disorder characterized by unstable moods, behavior, and relationships, often resulting from a pattern of varying moods, self-image, and behavior.

Dialectical Behavior Therapy

A type of cognitive-behavioral therapy that emphasizes the psychosocial aspects of treatment, focusing on building skills in mindfulness, distress tolerance, emotional regulation, and interpersonal effectiveness.

Psychodynamic Approach

Focuses on understanding human behavior by analyzing the inner conflicts that arise from childhood experiences and the unconscious mind.

Dialectical Behavior Therapy

A type of cognitive-behavioral therapy that focuses on teaching skills to manage emotional distress and improve interpersonal relationships, often used for treating borderline personality disorder.