Which of the Following Statements Is False

question 167

Multiple Choice

Which of the following statements is false?

• A) Capital consists of produced goods that can be used as inputs for further production.
• B) The terms resources,inputs,and factors of production are synonyms.
• C) Labor consists of the physical,but not mental,talents of people who contribute to the production process.
• D) Entrepreneurship is one of the four categories of resources.
• E) The resource category land includes natural resources,such as minerals,forests,water,and unimproved land.

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Definitions:

Display Rules

Cultural or societal norms dictating the appropriate emotional expressions under various circumstances.

Cognitive Empathy

The capacity to understand another person's point of view or mental state without necessarily sharing their emotion or experience.

External Information

Information that originates outside an organization and is used to aid decision-making or strategy planning.

Broad Range

A wide spectrum or variety of options, categories, or activities, often used to describe the extent of products, services, or capabilities.