Question

*Which one of the following is not an agent for production?*

1️⃣ Land
2️⃣ Labour
3️⃣ Capital
4️⃣ None of these​

Answer 1

Answer:

According to economic theory, there are four main factors of production - land, labour, capital, and entrepreneurship. In the given options, first three are the factors of production while the fourth option of Product is not the main factor of production.

Explanation:

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