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Production Factors Quiz

Froggy Jumps

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Test your knowledge on factors and payments

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Production Factors Quiz
 

Froggy Jumps

Production Factors QuizOnline version

Test your knowledge on factors and payments

by Edgardo Jr Dacallos
1

Which of the following is a factor of production referring to natural resources?

2

Which factor pays for the service of human effort in production?

3

What term describes the financing and machinery used in production?

4

Which payment is a return to entrepreneurship and risk-taking?

5

Rent is the payment for which production factor?

6

Which factor is associated with organizational ability and risk bearing?

7

Interest is the reward for providing which factor?

8

Which of the following best defines factors of production?

9

Which payment corresponds to the use of machines and infrastructure?

10

In a production function, which factor is often scarce and drives price?

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