A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2021 · Q41 Mark
Which statement about the factors of production is correct?
AThe factor capital includes shares and deposit accounts at banks.
BThe factor labour includes human-made resources.
CThe factor land includes forests and undiscovered copper.
DThe factor enterprise takes risks and is rewarded with interest.
✓ Correct answer
C: The factor land includes forests and undiscovered copper.
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Basic economic ideas and resource allocation and see which topics are most likely to come up next.
Sign up free →