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Economics · Oct / Nov 2017 · Paper 12 · Question 1

2281Factors of production

Economists refer to factors of production. Which is not a factor of production?

  1. Athe fields of a farm
  2. Bthe machinery in a factory
  3. Cthe shares of a company
  4. Dthe staff in an office

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Correct answer: C. the shares of a company

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