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Which of the Following Is a Basic Factor of Production

question 39

Multiple Choice

Which of the following is a basic factor of production that is used to produce output?


Definitions:

Social Networking

The use of internet-based platforms to connect, share, and interact with others.

Human Capital Perspective

A viewpoint that considers employees as assets whose value can be enhanced through investment in education, training, and development.

Decentralized

Refers to the distribution of functions, powers, people, or things away from a central location or authority.

Outsourced

The practice of contracting out certain business processes or tasks to external providers rather than handling them internally.

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