Which of the following is not a factor of production A an acre of farmland B a

Which of the following is not a factor of production

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1) Which of the following is nota factor of production? A) an acre of farmlandB) a drill press in a machine shopC) the manager of the local tire shopD) $1,000 in cashAnswer: DDiff: 2 Page Ref: 50Topic: Factors of Production*: RecurringLearning Outcome: Micro-3: Discuss different types of market systems and the gains that can bemade from trade.AACSB: Analytic thinkingSpecial Feature: None 2) Which of the following is a factor of production? 3) An example of a factor of production is download full file at
download full file at 4) If a commercial dairy farm wants to raise funds to purchase feeding troughs, it does so in the 5) The natural resources used in production are made available in the A) goods and services market.B) product market.C) government market.D) factor market.Answer: DDiff: 1 Page Ref: 50Topic: Markets*: RecurringLearning Outcome: Micro-3: Discuss different types of market systems and the gains that can bemade from trade.AACSB: Analytic thinkingSpecial Feature: None6) When you purchase a new pair of jeans you do so in the download full file at
download full file at

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