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