Question
Which of these is not considered a factor of
production?Solution
Wages are a form of compensation and not a factor of production. Factors of production include land, labor (not wages), capital, and entrepreneurship, which are the essential inputs in the production process.
The new law is just a red herring meant to draw our attention away from the issues regarding education.
Choose the option which best expresses the meaning of the idiom/phrase in bold in the sentence.
Despite several setbacks, the young entrepreneur de...Select the most appropriate meaning of the given idiom.
Cat and dog life
The robber murdered the woman in cold blood for the sake of the jewels.
Select the option that best conveys the meaning of the bold idiom in the sentence.
Most of the political leaders have a gift of the gab, with whi...
See eye to eye
Love for dogs
- In each of the following questions, an idiomatic expression or a proverb has been given in bold . Choose the option that best expresses its meaning.
- In each question, five alternatives are given for the Idiom/Phrase given in bold in the sentence. Choose the alternative which best expresses the meaning o...
Select the most appropriate meaning of the given idiom.
Make head or tail of something
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