Which of the following groups lists the four factors of production?
A) labor, capital, land, entrepreneurship
B) labor, capital, land, money
C) labor, money, land, entrepreneurship
D) labor, capital, money, entrepreneurship
A
Economics
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Market spreads usually range from ___ on large contracts to ___ on small contracts.
a. 3%; 0.5% b. 10%; 2% c. 1%; 2% d. 0.01%; 5%
Economics
The price of furnace filters increased by 5 percent and the quantity demanded did not change. The price elasticity of demand for furnace filters is
A) perfectly inelastic. B) inelastic. C) elastic. D) unit elastic. E) perfectly elastic.
Economics