The Factors of Production Are Best Defined as the

question 396

Multiple Choice

The factors of production are best defined as the

• A)output produced from raw materials.
• B)inputs used to produce goods and services.
• C)wages paid to the workforce.
• D)goods and services sold in the market.

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Definitions:

Dryopithecines

A group of extinct apes known from fossil records, believed to be ancestral to modern great apes and humans, dating to the Miocene epoch.

Hominoids

A group within the order of primates that includes apes and humans, characterized by greater mobility of the shoulder joint and absence of a tail.

Genus Pongo

The taxonomic group that includes the great apes known as orangutans, native to Indonesia and Malaysia.

Orangutans

Large apes native to Indonesia and Malaysia, known for their red-brown hair and highly intelligent, solitary behavior.