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