Which of the Following Is an Example of a Produced

question 32

Multiple Choice

Which of the following is an example of a produced factor of production?

• A)corn that is harvested from a field in Iowa
• B)workers who are hired at a coal mine in West Virginia
• C)skills that teachers in Texas acquire through continuing-education classes
• D)All of the above are correct.

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Definitions:

Social Networking Sites

Online platforms that enable users to create personal profiles and connect with friends and family, share content, and establish social and professional networks.

Rate of Diffusion

The speed at which a new product, service, or innovation spreads across a market or society.

Highly Complex Innovations

Innovations that are sophisticated and involve a high degree of technical advancement or complex combinations of technologies and processes.

Inter-consumer Communications

The exchange of information, opinions, or feedback among consumers regarding products, services, or brands.