Multiple Choice 1 point The resources used to make all goods and services are the Production possibilities Factors of Production Opportunity costs Production trade-offs

Question

Multiple Choice 1 point The resources used to make all goods and services are the Production possibilities Factors of Production Opportunity costs Production trade-offs

Answer 1

The correct answer is: Factors of Production. Factors of production refer to the resources used to produce goods and services, which typically include land, labor, capital, and entrepreneurship.

Problemas

Multiple Choice 1 point The resources used to make all goods and services are the Production possibilities Factors of Production Opportunity costs Production trade-offs

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