A Factor of Production Is the Same As

question 3

Multiple Choice

A factor of production is the same as:

• A) the amount of a good produced.
• B) the price of a good.
• C) an opportunity cost.
• D) a resource.

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Definitions:

Plant Species

A category that ranks below genus and denotes a group of plants that share certain characteristics and are capable of interbreeding to produce fertile offspring.

Endangered Species

Species that are at risk of extinction due to a dramatic decline in their population or habitat.

Flowering Plants

Plants that belong to the group Angiosperms, characterized by bearing flowers in which seeds are enclosed within a fruit.

Mammals

A class of warm-blooded vertebrate animals that possess hair or fur, and whose females produce milk for feeding their young.