Which of the Following Is Not a Factor of Production

question 94

Multiple Choice

Which of the following is not a factor of production?

• A) A computer chip.
• B) The service of a lawyer.
• C) Dollars.
• D) All of these are factors of production.

---

Definitions:

Cognition

Acquiring information and insight through the process of thinking, experiencing, and the use of the senses.

Sensation

The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.

Average Threshold

The point at which a stimulus is of sufficient intensity to begin to produce an effect or to elicit a response.

Human Vision

The ability of the human eye to detect and interpret surroundings by processing information contained in visible light.