Which of the Following Correctly Lists the Categories of Factors

question 88

Multiple Choice

Which of the following correctly lists the categories of factors of production?

• A) machines, buildings, land, and money
• B) hardware, software, land, and money
• C) capital, money, and labor
• D) owners, workers, and consumers
• E) land, labor, capital, and entrepreneurship

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Definitions:

Introductory Approach

The initial method or strategy used to engage a potential client or customer, introducing the offerings of a business.

Winter Makeup

Winter makeup refers to cosmetic products and styles specifically suited or designed for colder weather conditions, often focusing on moisturization and bold colors.

Customer Benefit Approach

A sales strategy focusing on communicating the advantages and positive outcomes that a customer will gain from a product or service.

Referral

The act of recommending a product, service, or company to someone else, often based on personal experience.