Economics · May / June 2020 · Paper 11 · Question 2
What is the function of the factors of production in an economy?
- Ato make goods and services to fulfil wants and needs
- Bto provide an even distribution of income
- Cto provide tax income for the government
- Dto reduce the existence of external costs
As printed in the paper
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Correct answer: A. to make goods and services to fulfil wants and needs
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