A Person May Have Lawful Possession of Property Yet Not

question 63

True/False

A person may have lawful possession of property yet not be the owner.

---

Definitions:

Resources

This term refers to assets, materials, and components that can be used to produce goods and services.

Productive Inputs

Resources used in the production of goods and services, including labor, capital, and raw materials.

Outward Shift

A movement of the supply or demand curve to the right, indicating an increase in supply or demand.

Resources Efficiently

The effective and optimal usage of resources to maximize productivity and minimize waste.