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Questions and Answers
Which one of the following is NOT a factor of production?
Which one of the following is NOT a factor of production?
- Land
- Technology (correct)
- Labor
- Capital
Which one of the following is an example of a service?
Which one of the following is an example of a service?
- Shelter
- Water
- Food
- Repair service (correct)
Which one of the following is an example of a need?
Which one of the following is an example of a need?
- Food (correct)
- Natural gas
- Factories
- Machines
Which one of the following is an example of a want?
Which one of the following is an example of a want?
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Which one of the following is an example of entrepreneurship?
Which one of the following is an example of entrepreneurship?
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