Which of the following is not a factor of production at a college?
A)the faculty
B)classroom buildings
C)electricity
D)the computer labs

Question

Quizplus · Accepted Answer

While electricity is necessary for operating the college's facilities and equipment, it is not considered a factor of production. Factors of production are typically classified as labor, land, capital, and entrepreneurship. The faculty, classroom buildings, and computer labs are all examples of factors of production at a college.

Which of the Following Is Not a Factor of Production