Factors of Production Are

question 105

Multiple Choice

Factors of production are:

• A)inputs into the production process
• B)weather, social and political conditions that affect production
• C)the physical relationships between economic inputs and outputs
• D)the mathematical calculations firms make to determine production

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Definitions:

Direct Search

A method of job hunting or problem solving that involves approaching potential employers or solutions directly rather than through intermediaries.

Dealers

Financial intermediaries that buy and sell securities from their own inventory, acting as principal in the transaction.

Nordic

Pertaining to the countries of Northern Europe, including Denmark, Finland, Iceland, Norway, and Sweden.

Baltic

The term Baltic often refers to the Baltic Exchange, a marketplace for the trading and settlement of physical and derivative shipping contracts.