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Economics: Business Economics Test

Description

Economics Test Revision - Business Economics

Quiz by bqrs01 _, updated more than 1 year ago

	Created by bqrs01 _ over 8 years ago

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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