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
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Question

Quizplus · Accepted Answer

Money is not considered a factor of production, but rather a medium of exchange that facilitates transactions involving factors of production. The classic factors of production are land, labor, and capital, with entrepreneurship sometimes considered a fourth factor.

Which of the Following Is Not a Factor of Production