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    Principles of Microeconomics Study Set 10
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    Exam 18: The Markets for the Factors of Production
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    The Factors of Production Are Best Defined as the
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The Factors of Production Are Best Defined as the

Question 396

Question 396

Multiple Choice

The factors of production are best defined as the


A) output produced from raw materials.
B) inputs used to produce goods and services.
C) wages paid to the workforce.
D) goods and services sold in the market.

Correct Answer:

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