Info
Warning
Danger
/ Homework Answers / Economics / The basic factors of production include: Land, labor, money, and

Question

The basic factors of production include: Land, labor, money, and capital. Land, labor, money, and inputs. Labor and capital. Land, labor, capital, and entrepreneurship. Capital, as economists use the term, refers to: The money needed to start a new businesses. The costs of operating a business. Shares of stock issued by businesses. Final goods that are used to produce other goods and services. The fundamental problem of economics is: The law of increasing opportunity costs. The scarcity of resources relative to human wants. How to get government to operate efficiently. How to create employment for everyone. Production-possibilities curves demonstrate that: Producing more of a good reduces the potential production It is always to produce more of one good. It is always possible to produce more of both goods. It is never possible to produce zero output.

 

Solution
5 (1 Ratings )

Solved
Economics 2 Months Ago 27 Views
This Question has Been Answered!
Premium Content -

Unlimited Access

Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Better Grades!

Ask an Expert

Our Experts can answer your tough homework and study questions
112045 Economics Questions Answered!
Post a Question

Welcome Back!

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Forgot?
Login
Don't have an account? Signup

Join ScholarOn

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Signup
By registering, I agree to the Terms and Privacy Policies
Already have an account? Log in

Verify Your Email

Check your inbox & click on the link to activate your account.

Resend Email
Verification Mail Send Successfully. Please Check Your Email.

Forgot Password

Please enter your registered email to recieve the password reset link.

Send reset link
Already have an account? Log in
Did you know?

ScholarOn has more than 2 Million+ answers, textbook solutions & flashcards. Explore Now!

Let us boost your grade together!