Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Another term for factors of production is: a. gifts from nature. b. opportunity costs. c. capital goods. d. goods and services. e. productive resources.

Another term for "factors of production" is:

a. gifts from nature.

b. opportunity costs.

c. capital goods.

d. goods and services.

e. productive resources.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Capital In The Twenty-First Century

Authors: Thomas Piketty, Arthur Goldhammer

1st Edition

067443000X, 9780674430006

More Books

Students also viewed these Economics questions

Question

Find a vector normal to the plane with the given equation. x = 1

Answered: 1 week ago

Question

How do you add two harmonic motions having different frequencies?

Answered: 1 week ago