In the Context of Factors of Production, the _________ Factor

question 47

Multiple Choice

In the context of factors of production, the _________ factor encompasses the physical, intellectual, and creative contributions of everyone who works within an economy.

• A)economic
• B)natural resources
• C)capital
• D)human resources

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Definitions:

Interest Stage

A phase in the consumer buying process where potential customers develop an interest in a product or service after becoming aware of it.

Consumer's Desire

The willingness or eagerness of consumers to purchase goods or services based on their needs or wants.

Product Features

Specific details or capabilities of a product that are intended to enhance its appeal or functionality.

Brand Name

The unique designation given to a product or service by its maker to distinguish it from competitors.