an oven in a bakery a share of General Motors' stock a $500 Treasury bond a credit card If a commercial dairy farm wants to raise funds to purchase feeding troughs, it does so in the Factor market Which of the following is a factor of production? Factors of production are inputs used to produce an output, or goods and services. Which of the following is a factor of production that generally is fixed in the short run? Low demand for the good. output. Question. Goods and Services is not a factor of production. A ski jump in Utah C. A bank loan to a farmer D. An orange grove in Florida Feedback A bank loan is financial capital. Which of the following is a factor of production that generally . Question: Which One Of The Following Is Not A Factor Of Production? Which of the following is not a factor of production a.labor b.capital c.land d.goods and services - 12235195 entrepreneurship. Education O O B. A forest can be a factor of production if it contains products that are used as raw materials (a paper manufacturer, for example). Which of the following is the most likely to be a fixed factor of production at a farm? labor Click here 👆 to get an answer to your question ️ Which of the following is an example of a scarce factor of production? Which of the following is a factor of production? Vans used by a bakery company for deliveries B. b. A factor of production that have been produced for use in the production of other goods and services. [CBSE 2004C, 07, 09C; AI 05, 08, 11] [1 Mark] Answer: The relationship between physical input and physical output of a firm is generally referred to as production function. A) $25,000 in cash B) 20 shares of Ford stock C) an acre of forested land D) a U.S. Treasury bond. Technology. Selected Answer: C. entrepreneurs Answers: A. labor B. government C. entrepreneurs D. capital 0.05 out of 0.05 points 0.05 out of 0.05 points 0 out of 0.05 points Which of the following is NOT a factor of production? Question 13. Which of the following is not a factor of production? A. the problem of allocating scarce resources among competing users. An oil rig in the Gulf of Mexico B. They are resources a company requires to attempt to generate a profit … A. Technology B. Labour C. Capital D. Land E Entrepreneurship F8 F9 F10 Pa F12 Sarik Prisc SysRa 2 ? Economic costs of production differ from accounting costs in that A) economic costs include expenditures for hired resources while accounting costs do not. Which of the following is not a factor of production - Subject Economics - 00449341 A person developing a p Which of the following items is not a factor of production? Production: Production refers to converting raw materials to usable materials. Explain the concept of a production function. This factor of production includes machinery, tools, equipment, buildings, and technology. Capital as factor of production includes all material resources (excluding land) or stock of wealth used productively. Asked 3/10/2018 10:21:37 PM. moneyc. NCERT Solutions for Class 12 Micro Economics Chapter-5 Production NCERT TEXTBOOK QUESTIONS SOLVED Question 1. The factors of production include land, labor, entrepreneurship, and capital. Businesses must constantly upgrade their capital to maintain a competitive edge and operate efficiently. capital. Get the detailed answer: Which of the following is not a factor of a production? What is Capital Factor of Production. D. goods markets and service markets. Updated 79 days ago|10/8/2020 10:24:05 PM. (a) money (b) land (c) human capital (d) entrepreneurship. Offered Price: $ 2.00 Posted By: dr.tony Posted on: 06/07/2018 06:06 AM Due on: 06/07/2018 . Land is short for all the natural resources available to create supply. Solution for 4) Which of the following is a factor of production for a firm? Which of the following is not a factor of production (this is an economics class question) A. the land required for a hog farm B. the training required to repair an airplane engine C. the teacher required to teach an economics class D. It includes raw property and anything that comes from the ground. Group of answer choices. landd. * 1/1 A. Money A Food B Flour C Airplanes D Est… a. A new computer used by a small business owner. The meaning of Capital in economics is more precise and restricted than its meaning to a businessman or an accountant. Land as a Factor of Production . d. An unusually large number of firms producing the good. The general form of production […] As ceo of your business which of the following is a factor of production that you would generally consider fix… Get the answers you need, now! In economics, capital as a factor of production is defined as a good that is used in the production of other goods. It may save … Question 17 O Mark this question Which of the following is not considered a factor of production? Money Computer Software (correct) Airports (correct) Interest payments are _____ Hidden costs Implicit costs A. The price of the product produced by the factor input в ) The average product of the factor input (c) The price of the factor input The demand for the product the factor produces The marginal product of the factor input Which of the following will occur in a given labor market when the wage rate rises? Capital B. It can also be a renewable resource, such as timber. a. land b. labor c. capital d. pollution Which of the following is a factor of production for a firm? A person who, operating within the context of a market economy, seeks to earn profits by finding new ways to organize factors of production. E. goods markets and factor markets. Which of the following is a factor of production? Which of the following is not a factor of production? Which of the Following Is Not a Factor of Production? Which of the following are examples of capital? 1 Answer/Comment. A. Which of the following is not a factor of production? O The employees for a gas station O A printer to make copies for a company O The property that a factory is built on O Interest earned on an investment 63582&page=1 Tüm Dersler - Türkçe (tr)- Nal/Final Hich One Of The Following Is False Regarding The Cost Minimization Problem Of A Firm? C. factor markets and foreign exchange markets. Question 11 Which of the following is NOT a factor of production? In economics, the “how” or production question refers to. c. A superior technology for producing the good. A computer program can be a factor of production if it is used as a part of an organization that produes output. Governmental rules C. Human labor O D. Climate SU See answer Larrysammz Larrysammz Answer: Human Labor. Which of the following is not a factor of production?a. Solved: Which of the following is not a factor of production? capitalb. A) legal consultants B) customers C) natural resources D) advertising media E)… A.advertising media b. legal consultants c. customers d.natural resources e. company reputation. That includes commodities such as oil and gold. land Get an answer. Search for an answer or ask Weegy. A. the amount of money required to buy a car B. the training required to repair an airplane engine C. the teacher required to teach an economics class D. the land required for a hog farm B. the ways in which factors of production may be combined to produce output. inputs. 14. B. A) Raw materials B) Labour C) A factory building D) Water 15. Which of the following is a factor of production? By Staff Writer Last Updated Mar 25, 2020 12:32:28 PM ET The Federal Reserve Bank of St. Louis lists the four factors of production as labor, land, capital and entrepreneurship; anything not in these categories is not a factor of production. C. Explanation: labour is the exerted efforts to produce goods or services. Entrepreneur. Q2. Which of the following is not a possible cause of a country having a comparative advantage in a particular good? A firm's decision to hire a factor of production DOES NOT depend on which of the following? Relative abundance of the factor of production used intensively in producing the good. Lütfen Birini Seçin: A. O A. a. land b. labor c. capital d. scarcity user: which of the following is not a factor of production? Multiple Choice The number of workers hired to harvest the crops The amount of water used each day The land on which the farm is located The amount of fertilizer used each week s. Log in for more information. 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