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Question
______ is not a primary factor of production.
Options
Land
Labour
Capital
Fuel
MCQ
Fill in the Blanks
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Solution
Fuel is not a primary factor of production.
Explanation:
- Land, Labour, and Capital are considered primary factors of production, as they are fundamental resources used in producing goods and services.
- Fuel is not considered a primary factor of production. Instead, it is typically categorized as an intermediate good or a secondary input used within the production process.
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