Consider the Following Factors of Production: - a Pharmaceutical Research

question 96

Multiple Choice

Consider the following factors of production: - a pharmaceutical research centre
- a hairstylist's scissors
- Google headquarters
- a cloud computing system
- a stapler at a checkout counter.
Each of these is an example of

• A)land.
• B)goods.
• C)services.
• D)capital.
• E)labour.

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Definitions:

Proposition

A statement that expresses a judgment or opinion.

Standard Form

In mathematics, a way of writing numbers using the digits 0-9, with each digit having a place value. In logic, a precise form of expressing logical expressions.

Proposition

A declaration that conveys an assessment or viewpoint.

Standard Form

A universally recognized method of displaying information or arguments for ease of understanding and analysis.