Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following statements is true about the factors of production? 1)Another name for factors of production is final goods and services. 2) Factors
Which of the following statements is true about the factors of production? 1)Another name for factors of production is final goods and services. 2) Factors of production are land, labor , and entrepreneurship 3) Factors of production are not necessary to produce any goods or services 4) Factors of production are available in limited quantities
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started