Which of the Following Is Correct

question 469

Multiple Choice

Which of the following is correct?
Factors of production are

• A) land, labor, the price system, and capital.
• B) the inputs used to produce goods and services.
• C) the fundamental source of abundance.
• D) only land and labor.

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Definitions:

Shiraz Wine

A style of wine made from the dark-skinned Syrah grape, known for its bold flavors.

Above-ground Pool

A pool structure that sits on top of the ground, as opposed to being embedded into it, often made of prefabricated components.

Operating Profit

The earnings from the primary operations of a business, without taking into account the deductions for taxes and interest.

Annapolis Rotary Club

A service organization located in Annapolis that is part of the global Rotary Club network, focusing on community service and international projects.