Which of the Following Is an Alternative for the Term,"factors

question 47

Multiple Choice

Which of the following is an alternative for the term,"factors of production"?

• A)Methods of organizing an economy.
• B)Ways of coordinating an economy.
• C)Productive resources or inputs.
• D)Goods and services.

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Definitions:

Market Attractiveness

An assessment of the potential profitability and opportunities within a specific market or industry segment.

Customer Needs

Requirements or desires that consumers express through their buying behavior, which drive demand for products or services.

No Economical Access To Buyers

A situation where sellers cannot reach potential customers in a cost-effective manner, often due to high distribution costs or market barriers.

Advertising

The act of promoting products, services, or ideas through various media channels to inform, persuade, or remind the target audience.