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Economics: Business Economics Test

Description

Economics Test Revision - Business Economics
bqrs01 _
Quiz by bqrs01 _, updated more than 1 year ago
bqrs01 _
Created by bqrs01 _ over 8 years ago
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Resource summary

Question 1

Question
What are the factors of production?
Answer
  • Land
  • Cars
  • Houses
  • Labour
  • Capital
  • Enterprise
  • Chips

Question 2

Question
Production is a process that [blank_start]involves converting resources[blank_end] into goods or services.
Answer
  • involves converting resources
  • making chip packets
  • involves harvesting raw materals
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