History, 19.01.2021 23:10 ScardeySpiderAlt
Which of the following statements is correct regarding the factors of production?
Land includes all the "gifts of nature". This category includes the land,
air, and oceans. These
N
Capital is a factor of production because it includes the tools and
machines that are used to produce goods and services.
O All of these are correct
Labor is the human factor of production. This includes the workers
that produce goods and services.
Answers: 1
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Which of the following statements is correct regarding the factors of production?
Land includes all...
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