The inputs used to produce goods and services are also called
举一反三
- Products that are used in the production of other goods and services are called ________ goods. A: specialty B: shopping C: industrial D: sponsored
- In international trade, according to the functions of the goods in the process of circulating and the packing materials and methods, packing can be divided into ______ (also called outer packing) and ______ (also called innner packing). A third kind of packing, ______ is also often used in international trade.
- Operations management is the set of activities that create value in the form of goods and services by transforming inputs into outputs.
- Nations engage in trade primarily because no nation can produce all of the goods and services that it needs.
- In the circular-flow diagram, A: firms own the factors of production. B: the factors of production are labor, land, and capital. C: the factors of production are also called “output.” D: firms produce output using goods and services.