Which of the Following Is Not a Component of a Machine

question 22

Multiple Choice

Which of the following is not a component of a machine instruction?

• A) Op-code
• B) Port
• C) Operand

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Definitions:

Producers

Entities or individuals that create goods or provide services for sale in the market.

Factor of Production

Refers to the resources used in the creation of goods and services, which typically include land, labor, capital, and entrepreneurship.

Inelastic Demand

A market condition where the demand for a good or service is relatively unresponsive to changes in its price.

Substitute Resources

Alternative resources that can be used in place of another to satisfy consumer demand or production needs, often affecting market competition and prices.