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Which of the Following Are Factors of Production

Question 41

Multiple Choice

Which of the following are factors of production?
(i) Land
(ii) Interest
(iii) Labour
(iv) Raw materials
(v) Rent
(vi) Wages
(vii) Profit
(viii) Capital


A) (iii) , (v) , (vi) and (vii)
B) (iii) , (iv) and (viii)
C) (ii) , (iii) , (iv) and (vi)
D) (i) , (ii) , (iv) and (viii)
E) (i) , (iii) , (iv) and (viii)

Correct Answer:

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