Which of the Following Is NOT a Factor of Production

question 60

Multiple Choice

Which of the following is NOT a factor of production?

• A) wilderness areas that have yet to be developed
• B) 175 shares of Microsoft stock
• C) a person developing a production schedule for a new product
• D) vans used by a bakery company for deliveries

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Definitions:

Early Selection

A theory in psychology suggesting that information is selected to be attended to at an early stage during the processing of sensory information.

Retroactive Interference

A memory phenomenon where newly learned information interferes with and impedes the recall of previously learned information.

Proactive Interference

A situation where earlier memories hinder the ability to remember more recent memories.

Parallel-Distributed Processing

A model of information processing in which data is processed simultaneously by multiple pathways or networks, resembling the processing that occurs in the human brain.