Economists Refer to the Inputs That Firms Use to Produce

question 213

Multiple Choice

Economists refer to the inputs that firms use to produce goods and services as

• A)derived factors.
• B)derived resources.
• C)factors of production.
• D)instruments of revenue.

---

Definitions:

Societal Structures

The organized pattern of social relationships and social institutions that together constitute society.

Developmental Tasks

The skills and milestones that individuals are expected to achieve at certain stages in their life, according to psychological theories.

Marital Changes

Alterations in marital status or dynamics, such as marriage, divorce, separation, or widowing, affecting personal and social life.

Middle Adulthood

A stage of life typically defined by ages 40 to 65, characterized by increased personal and professional responsibilities.