Which of the following is not a factor of production?
A) labor hours
B) capital equipment
C) acres of cultivatable land
D) money
E) physical plant or factory

Question

Quizplus · Accepted Answer

Money is not considered a factor of production because it does not directly produce goods or services. Instead, it is a medium of exchange used to facilitate the purchase of labor, land, and capital, which are the actual factors of production.

Which of the Following Is Not a Factor of Production