Which of the following is NOT a factor of production?
A) A toll-bridge across a lake.
B) The money hidden in an old basement.
C) A wrecking ball used to tear down old buildings.
D) The CEO of a large corporation.

Question

Quizplus · Accepted Answer

Money hidden in an old basement is not a factor of production. Factors of production refer to the resources necessary to produce goods and services, such as land, labor, capital, and entrepreneurship. Money is a medium of exchange that facilitates transactions and is not considered a factor of production in and of itself.

Which of the Following Is NOT a Factor of Production