The Factors of Production in an Economic System Are _____

question 100

Multiple Choice

The factors of production in an economic system are _____.

• A)land,rent,capital,and human resources
• B)capital,perseverance,natural resources,and human resources
• C)rent,wages,interest,and profit
• D)natural resources,human resources,capital,and entrepreneurship

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Definitions:

Cash Prize

A monetary award given to an individual or group as recognition for achievement or as an incentive in competitions.

Throwing A Dart

An action involving skill and precision where a small, pointed missile is launched by hand toward a target, often used in games or competitions.

Probability Distribution

A mathematical function that provides the probabilities of occurrence of different possible outcomes for an experiment.

College Degree

A form of academic qualification received upon the successful completion of a program of study in higher education, typically at a college or university.