Foundations of Economics (8th Edition)
Foundations of Economics (8th Edition)
8th Edition
ISBN: 9780134486819
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
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Chapter 2, Problem 3SPPA
To determine

To explain:

Whether vans used by a baker to deliver bread is a factor of production or not.

To determine

To explain:

Whether 1,000 shares of Company A stock is a factor of production or not.

To determine

To explain:

Whether the oil in the Arctic ocean, which is not discovered, is a factor of production or not.

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