Question and answer
Who owns the factors of production? A. the market B. firms C. individuals D. households
Households own the factors of production.
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Expert answered|yumdrea|Points 27224|
Question|Asked by kiala1998
Asked 3/22/2016 7:46:22 PM
Updated 3/22/2016 10:36:00 PM
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Confirmed by Andrew. [3/22/2016 10:36:00 PM]
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Questions asked by kiala1998
What kinds of goods can be compared on a production possibilities curve? A. farm goods and factory goods B. two types of farm goods C. two types of factory goods D. any two categories of goods
Weegy: Any two categories of goods can be compared on a production possibilities curve. User: Which of the following is a summary of the three key economic questions? A. Who will buy which goods and services, and how much will they pay? B. How, when, and from whom should consumers get what they want? C. When, where, and by whom should goods and services be produced? D. What goods and services should be produced, how, and for whom? (More)
Question|Asked by kiala1998
Not Answered
Updated 3/22/2016 10:39:52 PM
0 Answers/Comments
If you choose between two summer jobs, what is the one you do not choose called? A. trade-off B. opportunity cost C. decision at the margin D. opportunity at the margin
Weegy: If you choose between two summer jobs, the one you do not choose is called: Opportunity Cost. (More)
Question|Asked by kiala1998
Expert Answered
Updated 3/22/2016 10:53:32 PM
0 Answers/Comments
Which of the following is an example of changing physical capital? A. hiring more workers to do a job B. building extra space in a factory C. switching to cheaper fuel D. lowering workers wages
Weegy: Building extra space in a factory is an example of changing physical capital. (More)
Question|Asked by kiala1998
Expert Answered
Updated 3/22/2016 10:40:56 PM
0 Answers/Comments
Which of the following is not a factor of production? A. Goods and Services B. Capital C. Labor D. Land
Weegy: Goods and Services is not a factor of production. (More)
Question|Asked by kiala1998
Expert Answered
Updated 3/22/2016 8:45:39 PM
0 Answers/Comments
Ultimately, the main factor that drives decisions about production is the A. availability of natural resources. B. government regulations and rules. C. public need for better goods. D. desire to maximize profits.
Weegy: Ultimately, the main factor that drives decisions about production is the: desire to maximize profits. (More)
Question|Asked by kiala1998
Expert Answered
Updated 3/29/2016 1:34:25 AM
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