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Questions and Answers
Which of the following is NOT mentioned as a type of business in the text?
Which of the following is NOT mentioned as a type of business in the text?
- Retail (correct)
- Construction
- Manufacturing
- Mining
What are the inputs referred to as on the input side of a business?
What are the inputs referred to as on the input side of a business?
- Consumer goods, producer goods, capital goods
- Land, labor, capital, entrepreneurship (correct)
- Goods and services
- Men, materials, machines, management
Which of the following is NOT classified as a type of goods in the text?
Which of the following is NOT classified as a type of goods in the text?
- Consumer goods
- Natural goods (correct)
- Capital goods
- Producer goods
What is the basic objective of all economic activities mentioned in the text?
What is the basic objective of all economic activities mentioned in the text?
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Which of the following is NOT mentioned as an example of a durable good in the text?
Which of the following is NOT mentioned as an example of a durable good in the text?
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