menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 25
  4. Exam
    Exam 2: Economic Models: Trade-Offs and Trade
  5. Question
    Labor and Capital Are the Only Two Factors of Production
Solved

Labor and Capital Are the Only Two Factors of Production

Question 34

Question 34

True/False

Labor and capital are the only two factors of production.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q29: Which statement is normative?<br>A)The rate of unemployment

Q30: In the factor market,firms buy resources.

Q31: Positive economics:<br>A)describes opinions and perspectives on how

Q32: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q33: Absolute advantage is the basis for gains

Q35: In a single day,Sarah can produce 10

Q36: Economic models are:<br>A)set up and used to

Q37: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q38: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q39: A simplified representation that is used to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines