The Factors of Production Are Best Defined as the

question 396

Multiple Choice

The factors of production are best defined as the

• A)output produced from raw materials.
• B)inputs used to produce goods and services.
• C)wages paid to the workforce.
• D)goods and services sold in the market.

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Definitions:

Leadership Process

The methods and activities through which influence is exerted to guide, structure, and facilitate activities and relationships in a group or organization.

AT&T

A multinational conglomerate company that provides telecommunications, media, and technology services worldwide.

Better Serve Society

A principle or aim focused on providing improved, more effective services or contributions that benefit the community or public at large.

Antecedent Conditions

Circumstances or factors that exist or occur before a particular event or action, influencing its outcome.