Which of the Following Is Considered a Firm's "Factor of Production

question 37

Multiple Choice

Which of the following is considered a firm's "factor of production"?

• A) money or cash balances of the firm
• B) the firm's shares of common stock
• C) U.S. Treasury bonds owned by the firm
• D) the office building occupied by the firm

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Definitions:

Defenses

Legal arguments and strategies used in court to justify, excuse, or mitigate an accused party's liability or wrongdoing.

Unconditionally Assigns

The act of transferring all rights and interests in a property or contract to another party without imposing any conditions.

Plowing

A farming method involving turning over the upper layer of soil to bring fresh nutrients to the surface, often before sowing seeds.

Non-Transferable Obligation

A duty or responsibility that cannot be transferred or delegated to another party.