Question 1 Jessica is a violinist who believes she can extend her method of learning music to early childhood education. She opens a preschool in her hometown, using her expertise to form an arts-based program. What factor of production is this?

Capital

Entrepreneurship

Labor

Land

Question 2 Joseph Unahue made his fortune in

men's professional attire

digital technology

food distribution

stock options

Question 3 A university has just hired additional faculty and staff. Who of the following is most likely to earn the highest pay?

Chemistry professor with a doctoral degree

Economics graduate student teaching assistant

Education lecturer with a master's degree

Classics department office manager with a bachelor's degree

Question 4 Your friend lacks the financial capital to start a business. You offer to help him and he accepts. You and your friend create a

sole proprietorship

conglomerate

corporation

partnership

Question 5 Which of the following is the least profitable investment for a game shop earning $2 profit from every game sold?

Vehicle with $120 daily operating cost, delivering 80 games per day

Inventory software with $10 daily operating cost, saving 30 games per day from theft

Game cleaning system with $5 daily operating cost, increasing sales by 15 games per day

Electronic billboard with $20 daily operating cost, increasing sales by 20 games per day

Question

skyashiewjn skyashiewjn

24-12-2016
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Question 1 Jessica is a violinist who believes she can extend her method of learning music to early childhood education. She opens a preschool in her hometown, using her expertise to form an arts-based program. What factor of production is this?

Capital

Entrepreneurship

Labor

Land

Question 2 Joseph Unahue made his fortune in

men's professional attire

digital technology

food distribution

stock options

Question 3 A university has just hired additional faculty and staff. Who of the following is most likely to earn the highest pay?

Chemistry professor with a doctoral degree

Economics graduate student teaching assistant

Education lecturer with a master's degree

Classics department office manager with a bachelor's degree

Question 4 Your friend lacks the financial capital to start a business. You offer to help him and he accepts. You and your friend create a

sole proprietorship

conglomerate

corporation

partnership

Question 5 Which of the following is the least profitable investment for a game shop earning $2 profit from every game sold?

Vehicle with $120 daily operating cost, delivering 80 games per day

Inventory software with $10 daily operating cost, saving 30 games per day from theft

Game cleaning system with $5 daily operating cost, increasing sales by 15 games per day

Electronic billboard with $20 daily operating cost, increasing sales by 20 games per day

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syed514 syed514 · Answer 1 · 2016-12-26T07:58:08+01:00

Question 1 Jessica is a violinist who believes she can extend her method of learning music to early childhood education. She opens a preschool in her hometown, using her expertise to form an arts-based program. What factor of production is this?
The factor of production that has been described in the statement in question is called Entrepreneurship.

Question 2 Joseph Unahue made his fortune in

food distribution is best option.

Question 3 A university has just hired additional faculty and staff. Who of the following is most likely to earn the highest pay?
Chemistry professor with a doctoral degree

Question 4 Your friend lacks the financial capital to start a business. You offer to help him and he accepts. You and your friend create a

partnership is best option.

Question 5 Which of the following is the least profitable investment for a game shop earning $2 profit from every game sold?

Game cleaning system with $5 daily operating cost, increasing sales by 15 games per day.I'm not sure about my last question but this is my best guess.