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Winforethannifer
Winforethannifer Winforethannifer
  • 24-03-2016
  • Social Studies
Answered

Which of the following is not a factor of production?

AGoods and Services
BCapital
CLabor
DLand

Verified Answer :

Anonymous Anonymous
  • 26-03-2016

The correct answer is letter A. Good and Services.The factors of production are land (natural resources), labor (human power), capital (tools used to produce, NOT MONEY), and entrepreneurial ability (human thinking an innovation). Goods and services are the output of the manufacturing.

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