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Social StudiesSocial Studies
15 September, 06:26

The four factors of production are the resources of land, labor, capital and ...

A. Technology.

B. Services.

C. Work people do.

D. entrepreneurship.

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Answers (2)
  1. 15 September, 07:08
    0
    The correct answer is letter D.

    Explanation: Production factors are the set of elements indispensable for a productive process, be it a good or service. The theory of factors of production is the basis of economic studies.

    Traditionally, economists have identified three key factors in producing a good or service: land, labor, and capital. New economic theories were subsequently added to this division.
  2. 15 September, 10:16
    0
    D. entrepreneurship.
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