Goods and Services Are Produced by Using Four Factors of Production

question 92

Multiple Choice

Goods and services are produced by using four factors of production:

• A)labour,human capital,physical capital and financial capital.
• B)land,labour,capital and entrepreneurship.
• C)land,labour,capital and money.
• D)land,labour,money and equipment.
• E)natural resources,human resources,financial assets and entrepreneurial resources.

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Definitions:

Request Letter

A formal or polite demand for something in writing.

Series Of Questions

A consecutive sequence of inquiries that guide an investigation or elicit more detailed responses.

Request For A Recommendation

A solicitation for advice or guidance, often in a professional context.

Buffer Statement

A phrase or sentence used to ease into a conversation, often to soften the delivery of bad news or a sensitive topic.