Which of the following is NOT a factor of production?
A)labor
B)machines and buildings
C)land
D)money

Question

Quizplus · Accepted Answer

Money is not considered a factor of production, although it is often used to purchase and compensate factors of production such as labor and capital. Factors of production are typically categorized as land, labor, and capital, which includes tools, machinery, and other physical assets used in the production process.

Which of the Following Is NOT a Factor of Production