O-LevelEconomicsThe basic economic problem2281/11 · May/June 2010 · Q21 Mark
Which statement about the factors of production is correct?
Ariver from which a company draws water is called land.
BRaising finance for a company is called capital.
CSupervisors employed in a company are called enterprise.
DThe owner of a company is called labour.
✓ Correct answer
A: river from which a company draws water is called land.
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill The basic economic problem and see which topics are most likely to come up next.
Sign up free →