Quiz

Quiz: The Four Factors of Production

Cambridge OCR Level 3 Advanced GCE in Business H431

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Steps in this lesson (10)

1
Text

Building on what you've learned about entrepreneurs and enterprise, let's explore the Four Factors of Production!

2
Multiple ChoiceInteractive

Which of the following is NOT a factor of production?

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3
Multi-SelectInteractive

Which of the following are examples of 'Land' as a factor of production? (Select all that apply)

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4
Fill in the BlankInteractive

The factor of production {{blank0}} refers to human effort used in the creation of goods and services.

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5
MatchingInteractive

Match the items on the left with their correct pairs on the right

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6
Math EquationInteractive

If a business employs 10 workers at £15 per hour for an 8-hour shift, what is the total labour cost?

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7
typedAnswer

Match the items on the left with their correct pairs on the right

8
Multiple ChoiceInteractive

Which factor of production is most affected by technological advancements?

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9
Fill in the BlankInteractive

{{blank0}} is the factor of production that involves organising resources and making key business decisions.

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10
MatchingInteractive

Match the items on the left with their correct pairs on the right

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