Which of the Following Is NOT Considered to Be an Economic

question 177

Multiple Choice

Which of the following is NOT considered to be an economic resource?

• A)your economics professor
• B)the telephone company repair truck
• C)the local gas station
• D)a view of the stars on a clear night

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Definitions:

Specialized Processes

Unique or highly specific operations developed to achieve particular objectives in manufacturing, service delivery, or technology, often requiring specialized skills or equipment.

Management Coefficients Model

A formal planning model built around a manager’s experience and performance.

Formal Planning Model

A systematic, organized approach to planning based on theories and models to achieve desired outcomes.

Fast Food Restaurants

These are eateries that specialize in serving food quickly to customers, often featuring limited service and specializing in a few menu items.