what are the factors of production in business?\no land, labor, and capital\no land, capital, and…
what are the factors of production in business?\no land, labor, and capital\no land, capital, and interest\no land, labor, and customer base\no capital, customer base, and interest
Answer
Brief Explanations:
In economics (a sub - field of Business), the traditional factors of production are land (natural resources), labor (human effort), and capital (physical and financial assets used in production). Interest is a return on capital, and a customer base is related to marketing and sales, not a factor of production.
Answer:
A. land, labor, and capital