Factors of Production -Types of Goods and Productivity
Authored by Kerwin Alexander
Business
6th Grade - University
Used 41+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Goods used as inputs in the production process
Producer goods
Intermediate goods
Final good
Consumer good
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Goods used by customer
Producer goods
Intermediate goods
Final service
Consumer good
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Goods used to create other goods
Producer goods
Intermediate goods
Final service
Consumer good
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Baker buying 1000 pounds of flour for his business
Producer goods
Intermediate goods
Final service
Consumer good
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Select ALL the components of the production function
Land
Labour
Capital
Raw Material
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The conversion of factors of production into goods and services
Product
Production
Productivity
Economic growth
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Adding value to products or services for resale
Product
Production
Productivity
Economic growth
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