Which of the Following Is CORRECT? Factors of Production Are

question 165

Multiple Choice

Which of the following is CORRECT? Factors of production are

• A) land, labor, the price system, and capital.
• B) the inputs used to produce goods and services.
• C) the fundamental source of abundance.
• D) only land and labor.

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Definitions:

Parenting Styles

The various approaches to raising children, characterized by differing levels of responsiveness and demandingness.

Adult Children

Individuals who are legally considered adults but are referred to in context as someone's offspring, focusing on the adult aspect of their lives and responsibilities.

A Majority of

Referring to more than 50% of a specified group or amount.

Self-Control

The ability of an individual to regulate their emotions, thoughts, and behaviors in face of temptations and impulses.