G9 Final Exam CP3

• Business Studies
• Secondary Education

Thursday, 9th November 2023

A product is an item we pay money for. There are two types. Which are they?

1. goods, services
2. private, public
3. shareholder, stakeholder

A Tesla car is an example of which product?

1. good
2. service

A car wash is an example of a ....

1. good
2. service

The factors of production has four elements which are land, labour, capital and enterprise. What are employees an example of?

1. land
2. labour
3. capital
4. enterprise

Go through each one.. 

The chain of production has three elements. Which is the correct order?

1. secondary, primary and tertiary
2. tertiary, primary and secondary
3. primary, secondary and tertiary

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