The resources used in production are called
...The resources used in production are called
Variable inputs
Factors of production
Capital for production
Fixed inputs
Correct answer is B
Factors of production are the inputs needed for the creation of a good or service. They include land, labor, entrepreneurship, and capital.
What accounts for the ‘U-shaped’ of the short run average cost (AC) curve? ...
Subsistence agriculture means ...
One of the following is NOT a reason for increase in public expenditure ...
Which of the following are examples of transfer payments? ...
Which of the following is not a strong basis for trade unions demand for higher wages? ...
Part-time workers who desire full-time employment are: ...
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X, Y and Z are the only three consumers of a commodity. Their respective demand schedules for ...
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