Which of the Following Is CORRECT? Factors of Production Are

question 165

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:

Hydroponically

A method of growing plants in a nutrient-rich solution rather than in soil, allowing for controlled environmental conditions.

Lettuce

A leafy green vegetable, commonly used in salads and other dishes, belonging to the genus Lactuca.

Limiting Factors

Environmental conditions that restrict the growth, abundance, or distribution of an organism or a population of organisms in an ecosystem.

Plant Growth

The process by which plants increase in size and mature, often influenced by environmental factors, genetics, and nutrient availability.