3. Which of the following is NOT a factor of production?Land, area to make things.Labor, people to make things.Age, knowledge to make things.Capital, tools to make things.

Production is the process of combining the different inputs and materials to get consumable output.…

Answered: 3. Which of the following is NOT a…

3. Which of the following is NOT a factor of production? Land, area to make things. O Labor, people to make things. Age, knowledge to make things. O Capital, tools to make things.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter1: Welcome To Economics!

Section: Chapter Questions

Problem 3SCQ: A consultant works for 200 per hour. She likes to eat vegetables, but is not very good at growing...

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3. Which of the following is NOT a factor of production?
Land, area to make things.
Labor, people to make things.
Age, knowledge to make things.
Capital, tools to make things.

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