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The picture above shows which factor of production. - Economic Applications

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Question

The picture above shows which factor of production.

Options

  • Land

  • Labour

  • Capital

  • Entrepreneur

MCQ
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Solution

Capital

Explanation:

The picture shows roads, buildings, vehicles, and infrastructure, all of which are man-made assets used to produce goods and services.
These represent capital, which is one of the four factors of production (Land, Labour, Capital, and Entrepreneurship).

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