Matt Newell, a Former Air Force Pilot, Decides to Operate

question 90

Multiple Choice

Matt Newell, a former Air Force pilot, decides to operate a helicopter tour company to provide customers with breathtaking views of the Rocky Mountains. He obtains a loan and purchases the necessary land, facilities, advertising, and five helicopters for his business. What important factor of production has he overlooked in creating his business?

• A) Equipment
• B) Capital
• C) Labor
• D) Entrepreneurship
• E) Natural resources

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Definitions:

Psychological Abnormality

Deviations from typical patterns of behavior, thought, or emotion that are considered pathological or indicative of mental disorder.

Language Skills

The ability to communicate effectively using languages, including abilities in reading, writing, listening, and speaking.

Tickle-Me-Elmo

A popular children's toy featuring the Sesame Street character Elmo, which laughs when squeezed or tickled.

Dissociative Identity Disorder

A severe form of dissociation characterized by the presence of two or more distinct personality states or identities within a single individual, often resulting from severe trauma.