Which of the Following Is NOT a Factor of Production

question 108

Multiple Choice

Which of the following is NOT a factor of production?

• A) labor
• B) capital
• C) entrepreneurship
• D) bonds
• E) land

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Definitions:

Automobile Insurance

Insurance coverage for cars, trucks, motorcycles, and other road vehicles, providing protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom.

Key-Person Insurance

A life insurance policy on a key employee whose death would cause a financial loss to the business.

Homeowners' Insurance

An insurance policy that provides financial protection against losses and damages to an individual's home and assets in the home.

Insurable Interest

A requirement for purchasing insurance, denoting the policyholder must stand to lose financially if the insured event occurs.