Business Chapter 1 Question Preview (ID: 43286)
Decision Making, Needs And Wants, Goods And Services, Economic Factors Of Production.
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things you can see and touch.
a) goods
b) services
c) needs
d) wants
which of these is not a good?
a) haircut
b) ipad
c) picture frame
d) boeing 747
which of these companies' main business activity is providing a service?
a) bank of america
b) walmart
c) target
d) pizza hut
which of these is a synonym for economic factors of production?
a) economic resources
b) economic qualities
c) economic systems
d) economic woes
wants that are satisfied through the efforts of other people or by equipment.
a) services
b) goods
c) natural resources
d) capital resources
every good and service uses all 3 economic factors of production
a) true
b) false
c) blah
d) blah
which of the following doesn't belong to the list of economic factors of production?
a) business resources
b) human resources
c) natural resources
d) capital resources
gold is an example of a...
a) natural resource
b) need
c) factor of production
d) service
which student in our class is from burma?
a) matt
b) dakota
c) denise
d) darius
which student in our class is from Florida?
a) cayden
b) ari
c) scottie
d) hattie
a capital resource for SCA is...
a) computers
b) Dr. Lindsted
c) Water
d) Air
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