Business Final Exam Review

Last Updated By tbresett on 12/13/2010
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The resources that contribute to the creation of wealth are known as ________. 

Answer:
a)  production coefficients
b)  factors of production
c)  production technologies
d)  production aggregates
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    b)False
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  • A simple supply curve shows that an increase in the price of a good will cause the quantity supplied to: 
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    b)increase
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    d)fluctuate randomly around an equilibrium value
    b)fluctuate randomly around an equilibrium value
  • A typical demand curve shows that: 
    a)As people earn more income, they buy more of a good.
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Business Final Exam Review
Business Final Exam Review
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Free Quiz Question From Business Final Exam Review
Question: The resources that contribute to the creation of wealth are known as ________. 
Answer:
production coefficients
factors of production
production technologies
production aggregates