The Fewer the Number of Alternative Factors of Production That

question 164

Multiple Choice

The fewer the number of alternative factors of production that can be used to produce a good,the ________ will be.

• A) more elastic supply
• B) less inelastic supply
• C) more elastic demand
• D) less elastic demand
• E) less elastic supply

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Definitions:

Evaluation Type

The category or method of assessment used to judge or measure the effectiveness, value, or performance of a program, person, or system.

Psychomotor Domain

Motor skills, such as giving an injection.

Radial Pulse

The pulse felt on the radial artery of the wrist, commonly used to measure heart rate.

Andragogy

The art and science of helping adults learn.