Economics (AS & A Level) · May / June 2021 · Paper 13 · Question 10

A UK based food company wishes to diversify its product range. To finance this, it has obtained a $10m loan from a bank to buy land, build and equip a bakery. What would not be classified by an economist as a factor of production?

1. Athe $10m loan used to finance the project
2. Bthe land on which the bakery will be built
3. Cthe ovens required to bake the bread
4. Dthe soya used in the making of the bread

As printed in the paper