Iwill give u brainlist answeer
1)which of the following are factors of production?
a)ca...
History, 17.09.2019 21:30 dianathedad
Iwill give u brainlist answeer
1)which of the following are factors of production?
a)capital and land
b)scarcity and shortages
c)technology and productivity
d)economics and business decisions
2) to which part of an industry does a worker's education contribute?
a)technology
b)physical capital
c)human capital
d)scarce resources
3) which of the following is an entrepreneur?
a)a person who earns a lot of money as a singer or dancer
b) a person who creates a game and sells it to a game manufacturer
c)a person who starts an all-organic cleaning supplies business that employs others
d)a person who works as a highly paid computer programmer
4) what is the difference between a shortage and scarcity?
a)a shortage can be temporary or long term but scarcity always exists.
b)a shortage results from rising prices, scarcity results from falling prices
c)a shortage is a lack of all goods and services , scarcity concerns a single item
d)there is no real difference between shortage and scarcity
5) a decision making grid is a visual way of ?
a)examining opportunity
b)selling goods or services
c)making marginal decisions
d)identifying shortages
Answers: 2
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