Which of the Following Is Not a Factor of Production

question 28

Multiple Choice

Which of the following is not a factor of production?

• A) A psychiatrist.
• B)
• The $100,000 cash.
• C) A bulldozer.
• D) Six thousand acres of farmland.

Understand the concept of psychosocial crisis and its resolution across different stages.

Recognize the challenges and key transitions during adolescence and young adulthood.

Understand the importance of generativity and ego integrity in middle and later adulthood.

Compare and contrast different theories of developmental psychology.

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Definitions:

Horizontal

A direction or plane that runs parallel to the ground or horizon.

Income Elasticity

A measure of how much the demand for a product or service changes with a change in consumers' income.

Low-Quality Beef

Beef that is considered to be of inferior grade or quality due to factors like fat content, marbling, or age of the animal.

Income

Funds received routinely through work or investing activities.