Question

Which set correctly shows the four factors used by a hospital to provide healthcare services?

Options

• Land, labour, capital, organisation

• Land, money, machines, transport

• Labour, profit, rent, interest

• Capital, wages, taxes, subsidy

Answer 1

Land, labour, capital, organisation

Explanation:

A hospital uses building space (land), staff (labour), equipment (capital), and management (organisation) to produce healthcare services.