The goods and services a business uses to produce its outputs are known as ______.Multiple choice question.inputsinsertsingredients

Identifying the Correct Answer

1. Understanding the Question: The question asks what the term is for the goods and services that a business uses to produce outputs.

2. Evaluating Options:

   • Inputs: This term typically refers to anything used in the production process, including raw materials, labor, and services.
   • Inserts: This term usually refers to additional components added to a product, not a general term for production resources.
   • Ingredients: This term specifically relates to food and beverage production, referring to the components that make up a recipe.

3. Making the Selection: The most appropriate term that encompasses all goods and services used in production is inputs.

Final Answer

The correct answer is inputs.