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QUESTION IMAGE

1. the basic factors of production are land, capital, labor, and: coal,…

Question

  1. the basic factors of production are land, capital, labor, and: coal, iron, and steel. oil and gas. entrepreneurial ability. centers of creative excellence.

Explanation:

Brief Explanations

In economics, the four basic factors of production are land, capital, labor, and entrepreneurial ability. Entrepreneurial ability involves organizing the other factors and taking risks in business.

Answer:

C. entrepreneurial ability