Which factor of production is LEAST likely labeled in the photo?

Answers

Answer 1
Answer:

In the Factor of production, the least likely labeled was Capital.

Explanation:

  • Factors of production are Land, Labour, Capital, and Entrepreneurship.
  • One of the most important factors of production was land. it is the source of all kinds of production.
  • Labour is the human worker who spends their mental and physical effort in getting income. They were also important in the factors of production.  
  • Goods which are used for the production are all capital. This is not mentioned in the label. Entrepreneurship, the person who put all his risk in the way of production.
Answer 2
Answer:

Answer:

C

Explanation:


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