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      Question

      Which of the following is not a factor of

      production?
      A Customer Correct Answer Incorrect Answer
      B Land Correct Answer Incorrect Answer
      C Labour Correct Answer Incorrect Answer
      D Capital Correct Answer Incorrect Answer

      Solution

      The factors of production are the inputs used to produce a good or service in order to produce income. Economists define four factors of production: land, labor, capital and entrepreneurship.

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