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.

Learn about the contributions and treatments of African Americans and women during WWI.

Examine the post-war effects, including the rise of the Red Scare and the passage of amendments to the U.S. Constitution.

Understand the various roles and purposes of stakeholder groups in an organization.

Identify and describe the stages used in analyzing the external environment.

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Definitions:

Complementary Resources

Resources or assets that, when combined, enhance the value or performance of each other within a product or service.

Book Values

The net value of a company's assets as recorded on the balance sheet, often differing from market value.

Market Values

The current price at which an asset or security can be bought or sold in the marketplace.

Incremental Cash Flows

Additional cash flow received by an organization from taking on a new project.