Factors of Production Are

question 79

Multiple Choice

Factors of production are

• A)the mathematical calculations firms make in determining their optimal production levels.
• B)social and political conditions that affect production.
• C)the physical relationships between economic inputs and outputs.
• D)inputs into the production process.

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Definitions:

Leadership

The act of guiding or influencing a group towards achieving a common goal.

Value

Refers to the importance, worth, or usefulness of something, often influencing personal or organizational decisions and behavior.

Authentic Leader

A leader who is genuine, transparent, and trustworthy in their actions and relationships.

Passionate

Having or showing strong feelings of enthusiasm or excitement for something or about doing something.