Which of the following is NOT a factor of production?
A) entrepreneurship
B) private property rights
C) land
D) capital

Question

Quizplus · Accepted Answer

Private property rights are not a factor of production. Rather, they are a legal and institutional framework that provides incentives for individuals to invest in capital and other productive assets. Factors of production include land, labor, capital, and entrepreneurship.

Which of the Following Is NOT a Factor of Production