Which of the Following Is NOT a Factor of Production

question 103

Multiple Choice

Which of the following is NOT a factor of production?

• A) the water used to cool a nuclear power plant
• B) the effort of farmers raising cattle
• C) the wages paid to workers
• D) the management skill of a small business owner

Evaluate the financial implications of refinancing a mortgage, including the understanding of closing costs and break-even points.

Identify and understand various terms and concepts related to home ownership, such as assessed value, PMI, contingency clauses, and types of housing.

Assess housing options based on personal financial situation and market conditions.

Understand the legal and financial implications of home buying and selling processes, including contracts, inspections, and the role of PMI.