A "Lights Out" Factory Relies Heavily on Which of the Four

question 14

Multiple Choice

A "lights out" factory relies heavily on which of the four factors of production?

• A) natural resources
• B) human resources
• C) capital/technology
• D) risk tolerance

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Definitions:

Business Suit

A set of clothing consisting of a suit jacket and trousers or a skirt, typically worn in a formal or professional context.

Lawn Mowing Services

A service industry focused on cutting grass to maintain a specified aesthetic and health of lawns.

Minimal Services

Offerings or services provided at the most basic or minimal level, often characterized by low cost and essential features only.

Car Depreciation

The reduction in value of a car over time, primarily due to wear and tear and age.