Which of the following is not a factor of production?
A) money
B) labor
C) capital
D) entrepreneur

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

Quizplus · Accepted Answer

Money is not considered a factor of production, but rather a medium of exchange used to facilitate transactions between producers and consumers. The factors of production are the resources used to produce goods and services, including labor, capital, land, and entrepreneurship.

Which of the Following Is Not a Factor of Production