Economists recognize all of the following as factors of production except
A) entrepreneurship
B) capital
C) money
D) land

Name: Economists recognize all of the following as factors of production except A) entrepreneurship B) capital C) money D) land
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Question

Quizplus · Accepted Answer

Economists consider land, labor, capital, and entrepreneurship as the four main factors of production. Money is not considered a factor of production but rather a means of facilitating trade between the factors of production and the outputs they create.

Economists Recognize All of the Following as Factors of Production