Which of the following would be considered a factor of production in the provision of bus service?
A)The revenue from the sale of bus tickets
B)The amount it costs to provide bus service between two locations
C)Bus drivers
D)The hourly wage paid to bus drivers

Question

Quizplus · Accepted Answer

A factor of production is an input used in the production of a good or service. Bus drivers are used to produce bus service.

Which of the Following Would Be Considered a Factor of Production