Resources Are

question 7

Multiple Choice

Resources are

• A) the output that firms produce.
• B) inputs used to produce goods and services.
• C) the technology that firms use to make things.
• D) the institutions that encourage efficiency.
• E) the cost of producing goods and services.

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Definitions:

Boolean Array

An array data structure that stores Boolean values, where each element is either true or false.

Instantiated

The process of creating a concrete instance of a class in object-oriented programming.

Column Processing

The act of manipulating or performing operations on data contained within columns in databases or data frames.

Two-dimensional Array

A structure used in programming to store information in a grid or matrix form, consisting of rows and columns.