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Economics Practice Quiz (part 2)

Land, Labor, Capital, and Entrepreneurs-- how are they classified?
Factors of production
Productivity
The outcome of the four factors of production: what is it?
Consumer goods
Capital Goods
Productivity
Which of the following is NOT one of the three economic questions?
What will we produce?
How will we produce?
Who will we produce for?
How much will we produce?
What is an object or tangible product consumed after it is produced?
A good.
A service
A utility
What is a service?
Work consumed at moment of production
Work one does for payment
Both previous answers
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