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A Stand of Redwood Trees Is Not an Example of a Factor

question 321

True/False

A stand of redwood trees is not an example of a factor of production but the harvested and processed redwood is a factor of production.


Definitions:

Simplest Form

The form of a mathematical expression or fraction when it has been simplified to its most basic components, with no common factors in the numerator and denominator for fractions.

Add Fractions

The process of combining two or more fractions to find their total, involving finding a common denominator.

Simplest Form

A mathematical expression is in its simplest form when it is reduced to the lowest terms possible.

Simplest Form

An expression simplified to its most basic components, where no further simplification is possible.

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