Which of the following is not a factor of production?
A)A psychiatrist.
B)$100,000 cash.
C)A bulldozer.
D)Six thousand acres of farmland.

Question

Quizplus · Accepted Answer

The factors of production are land, labor, capital, and entrepreneurship. Cash is considered a form of capital, but it is not a factor of production in itself. It needs to be invested in other factors, such as labor or machinery, to contribute to production.

Which of the Following Is Not a Factor of Production