select the correct answer.\nin the construction of a new housing development, which factor of production can…

select the correct answer.\nin the construction of a new housing development, which factor of production can be categorized as land?\na. the people working to develop the community\nb. bike paths and stores\nc. solar power\nd. the idea to develop the housing community

select the correct answer.\nin the construction of a new housing development, which factor of production can be categorized as land?\na. the people working to develop the community\nb. bike paths and stores\nc. solar power\nd. the idea to develop the housing community

Answer

Brief Explanations:

  • Option A: People working are labor, not land.
  • Option B: Bike paths and stores are capital (man - made tools for production).
  • Option C: Solar power is a natural resource (land factor as land includes all natural resources).
  • Option D: The idea is entrepreneurship (the organizing and planning factor).

Answer:

C. solar power