Which Are the Principal Resources That Can Be Changed Through

question 52

Multiple Choice

Which are the principal resources that can be changed through actions taken by the government?

• A) capital and entrepreneurial ability
• B) capital and labor
• C) labor and entrepreneurial ability
• D) labor and land

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Definitions:

Bakes

The process of cooking food by dry heat, especially in an oven, often related to pastries, bread, and cakes.

Average Fixed Cost

The constant expenses linked to manufacturing, when divided by the volume of goods produced, reduce as the amount of production expands.

Mixers

Devices used to blend or mix ingredients together in cooking or industrial processes.

Average Fixed Cost

When you divide the unchanging production costs by the total units produced, this value diminishes as the level of production goes up.