BF10 2.02B Test Review

When producers use the best combination of resources, consumers are more likely to get goods and services that

Demographic change, lack of training, and lack of interest are reasons that ___________ become limited.

Using a stream to supply water for crops is an example of using

Which of the following occurs when the supply of individuals who are able and willing to work diminishes:

Producers must consider all the following considerations when using economic resources except:

A salesclerk working part-time at a clothing store is an example of a(n)

What the the four factors of production ?

Which of the following is NOT a factor of production?

What is the most important economic resource?

When there is not enough of a resource available for everyone to have as much of it as desired, the resource is

What is a term for a resource that can be used up?

Resources that exist without human involvement.

Automation involves replacing human resources with

What is the meaning of flextime?

Maintenance, modifications, and use of alternative sources are responses to limited

Without entrepreneurship, the other factors would be:

When a oven is used in a local bakery, it is a

Resources that enable businesses to operate are also known as

Offering higher wages, employee assistance programs, and benefits are responses to limited

Which of the following economic resources helps people be more productive:

Which of the following is not true about capital resources?

Which of the following economic resources is responsible for combining the other resources to produce goods and services

A transportation service makes sure that its trucks are well-maintained & driven w/care. This is an example of a way to

The state of technology that exists in a society can limit

Finding alternative sources of power, such as replacing gas and oil with solar energy is responding to limited

Which of the following situations involves finding another source of a limited natural resource:

All of the following are natural resources EXCEPT:

Another name for economic resource is

Members of Generation X and Y are expected to fill many job positions vacated by retiring Baby Boomers. This is a change

Weather conditions can directly affect the supply of