Economics · May / June 2018 · Paper 11 · Question 2
What would be classified by an economist as the factor of production known as land?
- Aa discovery of oil in the South China sea
- Ban oil rig bought by an oil company
- Cmoney held by the oil companies in their bank accounts
- Dthe productivity of oil workers
As printed in the paper
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Correct answer: A. a discovery of oil in the South China sea
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