Multiple Choice
Which of the following is not a factor of production?
A) A psychiatrist.
B) The $100,000 used to start a new business.
C) A bulldozer.
D) Six thousand acres of farmlanD.Land,labor,capital,and entrepreneurship are the factors of production.Money does not fall under any category of the factors of production.Factors of production are what are needed on a camping trip.Money is not needed on a camping trip.
Correct Answer:
Verified
Correct Answer:
Verified
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