Factors of Production

Fixed capital includes machinery, equipment, new technologies etc.

Which of the following is not a factor of production?

Land is a physical resource

) An entrepreneur is an individual who supplies products to a market for profit.

Entrepreneurship is a factor of production.

The use of the factors of production as inputs, help to provide goods and services.

There are four main factors of production

Capital goods are not used to produce other goods and services.

Infrastructure is a crucial type of capital.

Labour is not part of the production processes.