A. Which of the Following Is Not a Factor of Production? 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? A) legal consultants B) customers C) natural resources D) advertising media E)… 1 Answer/Comment. NCERT Solutions for Class 12 Micro Economics Chapter-5 Production NCERT TEXTBOOK QUESTIONS SOLVED Question 1. 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 landd. a. land b. labor c. capital d. scarcity user: which of the following is not a factor of production? This factor of production includes machinery, tools, equipment, buildings, and technology. Technology. 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. Economic costs of production differ from accounting costs in that A) economic costs include expenditures for hired resources while accounting costs do not. Q2. Solution for 4) Which of the following is a factor of production for a firm? O A. Lütfen Birini Seçin: A. Land is short for all the natural resources available to create supply. It can be a non-renewable resource. Goods and Services is not a factor of production. Which of the following is not a factor of production? Explain the concept of a production function. Factors of production are inputs used to produce an output, or goods and services. Governmental rules C. Human labor O D. Climate SU See answer Larrysammz Larrysammz Answer: Human Labor. a. Money A Food B Flour C Airplanes D Est… Which of the following is not a factor of production? In the last couple decades or so, businesses have faced unprecedented technological change and have had to meet the demands of consumers whose lives increasingly take place in a virtual world. (a) money (b) land (c) human capital (d) entrepreneurship. Capital B. Money Computer Software (correct) Airports (correct) Interest payments are _____ Hidden costs Implicit costs Which of the following items is not a factor of production? A.advertising media b. legal consultants c. customers d.natural resources e. company reputation. That includes commodities such as oil and gold. Click here 👆 to get an answer to your question ️ Which of the following is an example of a scarce 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. It may save … The factors of production include land, labor, entrepreneurship, and capital. Group of answer choices. D. goods markets and service markets. Explanation: labour is the exerted efforts to produce goods or services. In economics, capital as a factor of production is defined as a good that is used in the production of other goods. Capital as factor of production includes all material resources (excluding land) or stock of wealth used productively. A. Which of the following is not a factor of production? The meaning of Capital in economics is more precise and restricted than its meaning to a businessman or an accountant. B. a. land b. labor c. capital d. pollution Asked 3/10/2018 10:21:37 PM. Which of the following is not a factor of production? Businesses must constantly upgrade their capital to maintain a competitive edge and operate efficiently. Which of the following is a factor of production for a firm? A. Which of the following is a factor of production that generally is fixed in the short run? Education O O B. Which of the following is a factor of production that generally . A. the problem of allocating scarce resources among competing users. 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 * 1/1 A. capitalb. e. Entrepreneur. Which of the following is not a possible cause of a country having a comparative advantage in a particular good? Land as a Factor of Production . Goods and Services C. Land D. Labor Solved: Which of the following is not a factor of production? Question: Which One Of The Following Is Not A Factor Of Production? moneyc. A computer program can be a factor of production if it is used as a part of an organization that produes output. A person who, operating within the context of a market economy, seeks to earn profits by finding new ways to organize factors of production. Which of the following is a factor of production? b. In economics, the “how” or production question refers to. Search for an answer or ask Weegy. A person developing a p A factor of production that have been produced for use in the production of other goods and services. 14. What is Capital Factor of Production. 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? output. Which of the following is not a factor of production - Subject Economics - 00449341 Apples are part of which factor of production? The general form of production […] inputs. A firm's decision to hire a factor of production DOES NOT depend on which of the following? Question 17 O Mark this question Which of the following is not considered a factor of production? Question. d. An unusually large number of firms producing the good. Get the detailed answer: Which of the following is not a factor of a production? Question 11 Which of the following is NOT a factor of production? Relative abundance of the factor of production used intensively in producing the good. Which of the following is not a factor of production a.labor b.capital c.land d.goods and services - 12235195 Which of the following are examples of capital? 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 E. goods markets and factor markets. c. A superior technology for producing the good. Which of the following is the most likely to be a fixed factor of production at a farm? Capital is a factor of production that has been produced for use in the production of other goods and services. 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! s. Log in for more information. land A) $25,000 in cash B) 20 shares of Ford stock C) an acre of forested land D) a U.S. Treasury bond. It includes raw property and anything that comes from the ground. Which of the following is not a factor of production?a. [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. Updated 79 days ago|10/8/2020 10:24:05 PM. 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. A) Raw materials B) Labour C) A factory building D) Water 15. capital. C. B. the ways in which factors of production may be combined to produce output. Factors of production are the inputs needed for the creation of a good or service. Which of the following is a factor of production? labor Which of the following is NOT a factor of production? It can also be a renewable resource, such as timber. Production: Production refers to converting raw materials to usable materials. Get an answer. Technology B. Labour C. Capital D. Land E Entrepreneurship F8 F9 F10 Pa F12 Sarik Prisc SysRa 2 ? entrepreneurship. A forest can be a factor of production if it contains products that are used as raw materials (a paper manufacturer, for example). A share of stock issued by a firm. 63582&page=1 Tüm Dersler - Türkçe (tr)- Nal/Final Hich One Of The Following Is False Regarding The Cost Minimization Problem Of A Firm? Low demand for the good. Question 13. A new computer used by a small business owner. An oil rig in the Gulf of Mexico B. Offered Price: $ 2.00 Posted By: dr.tony Posted on: 06/07/2018 06:06 AM Due on: 06/07/2018 . Which of the following is a factor of production? Vans used by a bakery company for deliveries B. They are resources a company requires to attempt to generate a profit … C. factor markets and foreign exchange markets. 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 Anything that comes from the ground Food B Flour C Airplanes D Est… which of the following not... Question 1 by: dr.tony Posted on: 06/07/2018 06:06 AM Due on: 06/07/2018 be combined to produce output! 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