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The factors of production- land, labor, capital, and entrepreneurship- go into making all things that are made to be sold to you. Which of these is an example of "labor"?

1 Answer

6 votes

Answer:

D) police officer

Step-by-step explanation:

here are the options to this question :

A) money

B) hammer

C) gold mine

D) police officer

Land are natural resources used to produce goods and services e.g. gold mine

Labor is the effort used by people in the production of goods and services.

Capital includes machinery and man made resources used in production e.g. hammer

An entrepreneur is a person who combines the other factors of production together

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User Shaily
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