Which of the following is considered a factor of production? (2022)

Practice Questions

1 question
Q1
Which of the following is considered a factor of production? (2022)
  1. Money
  2. Land
  3. Government
  4. Trade

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is considered a factor of production? (2022)
Solution: Land is considered a factor of production, along with labor and capital, as it is a resource used to produce goods and services.
Steps: 0

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