Which of the Following Is Not a Factor of Production

question 134

Multiple Choice

Which of the following is not a factor of production?

• A) money
• B) labor
• C) capital
• D) entrepreneur

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Definitions:

Customer Retention

The activities and actions companies take to reduce the number of customer defections and to keep customers loyal to the brand or company.

Churn

The number of consumers who stop using a product or service, divided by the average number of consumers of that product or service.

Service Discontinue

The process of ending a service or product being offered to customers.

Secondary Data

Information that has been previously collected for another purpose but can be used for the analysis of a new question or issue.