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it is okay for a business to remove one of the factors of production. t…

Question

it is okay for a business to remove one of the factors of production. they can operate with just five or fewer. true false 7 multiple choice 1 point how many economic goals are there? 23 32 12 8 clear my selection 8 multiple choice 1 point economics, simply put is the study of what? proper ways to make machines how earthquakes happen paying bills making choices

Explanation:

Brief Explanations
  1. For the first question: The core factors of production (typically land, labor, capital, entrepreneurship) are all essential for a business to operate; removing any one makes sustained production/operation unfeasible.
  2. For question 7: Standard core economic goals (such as economic growth, full employment, price stability, equity, efficiency, balance of payments stability, economic freedom, economic security) total 8.
  3. For question 8: Economics is fundamentally the study of how individuals, businesses, and societies make choices to allocate scarce resources to satisfy unlimited wants.

Answer:

  1. False
  2. 8
  3. making choices