The Three Primary Inputs Are

question 115

Multiple Choice

The three primary inputs are

• A) revenue,profits,and costs.
• B) price,quantity,and profits.
• C) land,labor,and capital.
• D) labor,wages,and training.
• E) capital,interest,and savings.

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Definitions:

Frame Of Reference

The context, perspective, or background that influences how an individual perceives and interprets information.

Encoding

The process of converting ideas and thoughts into a communicable form, often involving language or symbols, in the context of communication.

Decoding

The process of interpreting and understanding messages or information received from others.

Transferring Thoughts

The process of conveying ideas or feelings from one mind to another through speech, writing, or another medium.