A Question Aimed at Making a Statement or Producing Some

question 28

Multiple Choice

A question aimed at making a statement or producing some type of desired effect is referred to as a

• A)hyperbole.
• B) rhetorical question.
• C) metaphor.
• D) simile.

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Definitions:

Factor Of Production

An economic term describing the inputs used in the production of goods or services to earn an income, namely labor, capital, land, and entrepreneurship.

Marginal Productivity Theory

A theory stating that the demand for a factor of production is derived from the marginal product that the factor adds to the output.

Equilibrium Value

The price and quantity at which supply and demand in a market are balanced.

Marginal Product

The increase in output that results from employing one more unit of a particular input, holding all other inputs constant.