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QUESTION IMAGE

economic decision-making and microeconomics resources needed to provide…

Question

economic decision-making and microeconomics
resources needed to provide goods or services are called
facets of production
facts of production
functions of production
factors of production

Explanation:

Brief Explanations

In microeconomics, the specific term for the resources required to create goods and services is a standard defined concept. The other options are incorrect non-standard phrases.

Answer:

factors of production