ACTIVITY 4 Instruction. Write the letter of the correct answer on the space provided before each number. You can use the table below for your answer. Write your answer in your notebook of Applied Economics. A B C D E Services Entrepreneur Profit 9091.91 Land Not enough of everything to satisfy everybody's wants 1. Factors of production 2. Scarcity 3. Natural resources 4. Capital 5. Entrepreneurial ability yobno 6. Human resources 7. Intangible items of value 8. Risk takera F G H I J Goods Rent Economics Wages Capital Ewolle 1.cy K 11. Tangible items of value Ession 12. The return for land enc L M ZO N Labor Interest Land, labor, capital, entrepreneurial ability Production.. Consumption 0001 2019Price paid for the use of labor 10. Machinery and tools are examples of which factors of production 295 13. Social science that describes how society chooses from among scarce resources 14. The acts of making goods and services. 15. The acts of using the goods produced. N
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ACTIVITY 4 Instruction. Write the letter of the correct answer on the space provided before each number. You can use the table below for your answer. Write your answer in your notebook of Applied Economics. A B C D E Services Entrepreneur Profit 9091.91 Land Not enough of everything to satisfy everybody's wants 1. Factors of production 2. Scarcity 3. Natural resources 4. Capital 5. Entrepreneurial ability yobno 6. Human resources 7. Intangible items of value 8. Risk takera F G H I J Goods Rent Economics Wages Capital Ewolle 1.cy K 11. Tangible items of value Ession 12. The return for land enc L M ZO N Labor Interest Land, labor, capital, entrepreneurial ability Production.. Consumption 0001 2019Price paid for the use of labor 10. Machinery and tools are examples of which factors of production 295 13. Social science that describes how society chooses from among scarce resources 14. The acts of making goods and services. 15. The acts of using the goods produced. N
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