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Which one of the following is not a factor of production? Lütfen birini seçin: a

Economics Sep 05, 2020

Which one of the following is not a factor of production? Lütfen birini seçin: a. Technology b. Labour c. Capital d. Land e Entrepreneurship F8 F9 F10 Pa F12 Sarik Prisc SysRa 2 ?
63582&page=1 Tüm Dersler - Türkçe (tr)- nal/Final hich one of the following is false regarding the cost minimization problem of a firm? atfen bei sein a. A timis most important objective is to maximize its profits. bloquants can intersect c. The marginal rate of technical substitution is the rate at which one input can be substituted for the other in a production process, while producing some lived level of output d Anis cost equation represents the set of all input combinations that a firm is able to purchase for a particular level of expenditure on trouts and a given set input prices An quantit ofinout combinations that can be used to produce a given level of output Puu Pitbc SyaRa Break ? Num 9 0 ? U 7 Home 0

Expert Solution

1. The four factor of production are

  • Land
  • Labour
  • Capital, and
  • Entrepreneurship

2. Isoquant curves can never intersect each other.

Therefore, second option is false.

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