The resources needed to produce goods and services (land, labor,

  1. The resources needed to produce goods and services (land, labor, and capital) is the ___.The process of developing machine
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    2. Glenn Logan Wilken gbhs asked by Glenn Logan Wilken gbhs
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  2. As one of the factors of production/productive resources, capital can be defined asResponses A the goods and services a business
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  3. As a result of limited resources such as land and labor, governments must make trade-offs in...a) the prices of goods and
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  4. In a fictional country, 2,000 hours of labor are used in the production of all goods and services in the economy. The market
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  5. Which best explains why resources need to be allocated in the game of economics?Responses There are not enough resources to
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  6. What type of resources include the goods needed to produce other goods and services. For example buildings machinery tools and
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  7. In the circular flow diagram, what do households provide to factor markets?(1 point)Responses land, labor, and capital land,
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  8. In the circular flow diagram with government, what does the government receive from factor markets?(1 point)Responses goods and
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  9. As a result of limited resources such as land and labor, governments in a market economy must take trade-offs in ___.A. the
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  10. In the circular flow diagram with government, what does the government receive from factor markets?(1 point)Responses goods and
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    2. SS asked by SS
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