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Production & Factors Quiz

Froggy Jumps

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Test your econ production basics

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Production & Factors Quiz
 

Froggy Jumps

Production & Factors QuizOnline version

Test your econ production basics

by Edgardo Jr. Dacallos
1

What are the main factors of production?

2

Which factor of production is paid as wages?

3

Which payment corresponds to capital in production?

4

What is entrepreneurship in the context of production?

5

Which payment is linked to land as a factor of production?

6

If a firm uses more machinery, which factor’s quantity increases?

7

What does 'land' provide in production?

8

Which term describes the combination of factors to produce goods?

9

Which payment is earned by risk-taking entrepreneurial activity?

10

Which statement best defines factors of production?

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