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Author Question: An irrigation system is installed on a farm in North Dakota. This is an example of which factor of ... (Read 125 times)

sjones

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on: Jun 29, 2018
An irrigation system is installed on a farm in North Dakota. This is an example of which factor of production?
 
  A) labor
  B) land
  C) human capital
  D) physical capital

Question 2

A schedule of amounts of a good that people will purchase at various prices during a specific time period holding other factors constant is
 
  A) a market.
  B) supply.
  C) demand.
  D) the market clearing price.


allisonblackmore

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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