A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2013 · Q11 Mark
'From the age of twelve I made a living by buying towels, needles, shampoo and re-selling them as a street vendor. Now, I run three hotels in Hanoi' - Duong Than Binh. Which factors of production are likely to be involved in the above events?
Aland only
Bland and labour only
Cland, labour and capital only
Dland, labour, capital, enterprise
✓ Correct answer
D: land, labour, capital, enterprise
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