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The basic factors of production are land, labour, capital and______ 
  • a)
    Resources 
  • b)
    Machinery
  • c)
    Investment
  • d)
      Enterprise
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
The basic factors of production are land, labour, capital and______a)R...
Factors of production is an economic term that describes the inputs that are used in the production of goods or services in order to make an economic profit. This include land, labour, capital and entrepreneurship.
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The basic factors of production are land, labour, capital and______a)Resourcesb)Machineryc)Investmentd) EnterpriseCorrect answer is option 'D'. Can you explain this answer?
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