If a Pizza Parlor Uses an Oven in Its Production

question 320

Multiple Choice

If a pizza parlor uses an oven in its production process, the oven is an example of which factor of production?

• A) capital
• B) entrepreneurial ability
• C) labor
• D) land

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Definitions:

Long-Term Memory

A type of memory storage that holds information indefinitely and has essentially an unlimited capacity.

Procedural Memories

A type of long-term memory involved in learning and performing tasks and skills, such as riding a bike or typing, which operates often without conscious awareness.

Amygdala

A structure within the brain's temporal lobe that is involved in emotional responses, decision-making, and memory processing, particularly known for its role in fear and pleasure responses.

Serial Position

A cognitive phenomenon where an individual is more likely to recall the first and last items in a series of objects or words, known as the primacy and recency effect, respectively.