Which of the following is NOT a factor of production?
A) money
B) human capital
C) physical capital
D) labor

Name: Which of the following is NOT a factor of production? A) money B) human capital C) physical capital D) labor
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While money is an important factor in facilitating the exchange of goods and services, it is not a factor of production. Factors of production are the resources that are combined to produce goods and services, such as labor, physical capital, and human capital.

Which of the Following Is NOT a Factor of Production