Which of the Following Is Correct? Factors of Production Are

question 533

Multiple Choice

Which of the following is correct? Factors of production are

• A) the inputs used to produce goods and services.
• B) the fundamental source of abundance.
• C) only land and labor.
• D) land, labor, the price system, and capital.

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Definitions:

Preferential-Looking

A research technique used in developmental psychology to study visual attention and preferences in infants by measuring how long they look at different stimuli.

Habituation Research

The study of the psychological and physiological processes involved in becoming accustomed to a stimulus through repeated exposure.

Perceptual Abilities

The capacity to perceive, interpret, and understand sensory information.

Scrambled Faces

Scrambled Faces refers to a technique used in psychological experiments where facial features are mixed to study recognition and emotional response.