Factors of production are: / » Micro economics 2 solved MCQs / By admin Question: Factors of production are: A. the coefficients in a production function B. the characteristics of a market that determine how much is produced C. the inputs used to produce goods and services D. the outputs from a production function Answer» c. the inputs used to produce goods and services Note: The above multiple-choice question is for all general and Competitive Exams in India.