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2 Written questions

2 Multiple choice questions

  1. things that are produced and then used in the production of other goods and services.
  2. the process that transforms scarce resources into useful good and services.

2 True/False questions

  1. factors of productionthe process that transforms scarce resources into useful good and services.

          

  2. marketsexchange take place typically between sellers, markets and buyers

          

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