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Economics (AS & A Level) · May / June 2022 · Paper 13 · Question 4

9708Factors of production

Which term assumes the existence of ‘qualities, knowledge and skills’ that allow an individual to be more productive?

  1. Aenterprise investment
  2. Bhuman capital
  3. Cmechanisation
  4. Dspecialisation

As printed in the paper

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Correct answer: B. human capital

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