Which of the Following Correctly Lists the Categories of Factors

question 148

Multiple Choice

Which of the following correctly lists the categories of factors of production?

• A) land, labor, capital, and entrepreneurship
• B) land, buildings, capital, and entrepreneurship
• C) labor, machines, buildings, capital, and entrepreneurship
• D) forests, fish, buildings, capital, and entrepreneurship
• E) labor, money, stocks, and bonds

---

Definitions:

Flexible Policy

An adaptable approach in decision-making processes or strategies that allows for adjustments based on changing circumstances.

Production Manager

An individual responsible for overseeing the production process, coordinating all activities related to the actual production of goods or services.

Accounts Receivable Balance

The sum total of money that customers are in debt to a company for its goods or services that have been utilized but not paid for.