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.
Which is NOT a cause of high population growth in Nigeria? ...
The consumers cooperative society is owned by ...
If commodity X is a by-product of commodity Y, this implies that both commodities are ...
\(\begin{array}{c|c} \text{Number of Men} & 1 & 2 & 3 & 4 & 5 & 6 & 7 &...
The money market is a financial market that specializes in the provision of ...
The short-run supply curve for medical doctors is more likely to be ...
Economic is often described as a science because ...
The population of country X in 1990 was 35 million. The births were 450,000 while it recorded 210...