Which of the following is a factor of production:

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Land

Labour

Capital

All of these

answer is D.

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Detailed Solution

The four kinds of elements of production that economists distinguish between are land, labour, capital, and entrepreneurialism. Any natural resource utilised to create products and services is considered to be part of the concept of land. Land resources are the primary raw materials used in industrial processes. The effort that individuals put forth to produce products and services is referred to as labour. Consider capital as the equipment, tools, and structures that people employ to generate commodities and services.

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