Which of the Following Is NOT Considered a "Factor of Production

question 45

Multiple Choice

Which of the following is NOT considered a "factor of production" in economics?

• A)the espresso machine at your local cafe
• B)the barista who makes the coffee
• C)the espresso drink you purchase
• D)the wood stir sticks
• E)the land on which the cafe sits

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Definitions:

Parent Corporation

A corporation that owns a controlling interest of another corporation, called a subsidiary corporation.

Subsidiary

A subsidiary is a company that is completely or partially owned and wholly controlled by another company, known as the parent company.

Commingled Assets

The mixing of assets or funds belonging to different owners, making it difficult to distinguish one's property from another's.

Income Tax

A tax imposed by the government on the income generated by businesses and individuals within their jurisdiction.