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Which of the following is the best example of an input to production that is an intermediate product?
Ford
an American multinational automaker known for revolutionizing assembly line production for automobiles.
Factor of Production
A Factor of Production is an input used in the production of goods and services, such as land, labor, capital, and entrepreneurship.
Demand
Refers to the quantity of a product or service that consumers are willing and able to purchase at various prices over a given period of time.
Supply
The total quantity of a product or service that is available to consumers at a given price level.
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