Which of the Following Factors of Production Are Most Likely

question 32

Multiple Choice

Which of the following factors of production are most likely to be used by a typical firm?
(i) labour
(ii) land
(iii) equity

• A)(i) and (iii)
• B)(ii) and (iii)
• C)(i) and (ii)
• D)(i), (ii) and (iii)

Analyze a firm's financial condition and performance through benchmarking and trend analysis.

Understand the purpose and components of key financial statements like the balance sheet, income statement, and statement of cash flows.

Grasp the concept of the average collection period and its implications on liquidity and credit policy.

Understand the impact of cash flow management on business survival.

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Definitions:

Interstitial Fluid

The fluid that surrounds the cells of tissues, providing a medium through which nutrients and wastes can exchange between blood and cells.

Anterior Pituitary

The front portion of the pituitary gland that secretes hormones influencing growth, metabolism, and reproduction.

Insulin Secretion

The process by which the pancreas releases insulin, a hormone that helps regulate blood glucose levels.

Blood Glucose Levels

The concentration of glucose present in the blood, an important indicator of metabolic health.