Answered: Which of the following answer is…

Which of the following answer is correct ? Factor of production: getting a loan through a local bank to buy material or expand. A)Entrepreneurship B)Capital C)Labor D)Land

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter1: Introducing The Economic Way Of Thinking

Section: Chapter Questions

Problem 3SQ

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Question

Which of the following answer is correct ?

Factor of production: getting a loan through a local bank to buy material or expand.

A)Entrepreneurship

B)Capital

C)Labor

D)Land

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