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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #855535
Introduction to Economics 1 Deneme Sınavı Sorusu #855535
- Capital
- Product
- Labor
- Land
Which of the above are among the factors of production?
I and II |
III and IV |
I, II and III |
I, III and IV |
II, III and IV |
Yanıt Açıklaması:
A firm needs to bring inputs together to produce goods or services. These inputs are called Factors of Production. Classical economists identified three widely defined groups of the factors of production: Labor, capital and land. The correct answer is D.
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