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GCE Commerce 1990 Question 10

Question 10

Production

Which of the following is not a factor of production?

  1. A.Capital
  2. B.land
  3. C.Labour
  4. D.Organisation
  5. E.Staffing
Show the answer and explanation

Answer: E (Staffing)

Explanation

The four factors of production are land, labour, capital and organisation (entrepreneur); staffing is a management task.