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Using the factors of production to produce one item means there are ________ resources to use in the production of another. more less the same none of the above

Using the factors of production to produce one item means there are ________ resources to use in the production of another. more less the same none of the above
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Using the factors of production to produce one item means there are ________ resources to use in the production of another.

more

less

the same

none of the above

asked
User Sweta Sharma
by
8.1k points

1 Answer

6 votes
The correct answer for the question that is being presented above is this one: "less." Using the factors of production to produce one item means there are less resources to use in the production of another. It means opportunity cost and scarcity.
answered
User Stloc
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