Multiple Choice
Which of the following statements about economic resources is true?
A) Economic resources include financial capital and money.
B) Economic resources are also called factors of production.
C) Economic resources are used only by businesses.
D) All economic resources are man-made.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: In the market for factors of production,
Q9: Figure 1.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 1.1
Q10: Mr.Peabody chooses to invest in companies that
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Q12: Economic models do all of the following
Q14: The decision about what goods and services
Q15: The town of Harmonia gives away all
Q16: The additional cost to a producer of
Q17: Figure 1.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 1.1
Q18: In economics, the term _ refers to