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Economics · Oct / Nov 2018 · Paper 13 · Question 1

2281Factors of production

Which example of a factor of production in the fishing industry is correct?

  1. Acapital — charges on loan for fishing boat
  2. Benterprise — salaries of fish warehouse managers
  3. Clabour — profits of fish shop owners
  4. Dland — fish in the sea

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Correct answer: D. land — fish in the sea

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