Crude Oil Is Not an Example of a Factor of Production

question 126

True/False

Crude oil is not an example of a factor of production, but when crude oil is processed into gasoline, it is not a factor of production.

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Definitions:

Classical Conditioning

A type of learning described by the Russian physiologist Ivan Pavlov (1849–1936). In classical conditioning, a response is transferred from one stimulus to another. John B. Watson, an early behaviorist, took the view that classical conditioning was the basis for human behavior, including abnormal behavior. See also operant conditioning.

Animal Models

Non-human species used in research to understand biological and psychological processes and to test hypotheses about diseases or behaviors.

Drug Use

The act of consuming drugs or substances in a manner that can range from legal and medicinal to illegal and recreational.