Question

In the construction of a new housing development, which factor of production can be categorized as land?

a.the people working to develop the community
b.bike paths and stores
c.solar power
d.the idea to develop the housing community

Answer 1

the factor of production that could be categorized as and is : d. the idea to develop housing community

Housing community is the temporary residence that provided by the company for the workers that have to stay there to do their job. It's considered as land in the bookkeeping process