O-LevelEconomicsThe basic economic problem2281/11 · May/June 2019 · Q11 Mark

What would an economist regard as an example of the factor of production capital?

Aan individual's purchase of stocks and shares

Bborrowing by a firm to pay for electricity

Cthe building by a firm of a new factory

Dtotal savings by individuals in a country

✓ Correct answer

C: the building by a firm of a new factory

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Topic: The basic economic problem, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2019 Paper 1 Variant 1, question 1.

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