WAEC Commerce 2008 Question 4

Question 4

Production

Babou Penn, a fisherman, says he has all necessary materials to go to sea today, except the captain of his boat. Captain here as a factor of production, refers to

A.entrepreneur
B.capital
C.labour
D.land.

Show the answer and explanation

Answer: C (labour)

Explanation

The captain provides human effort, so he is labour.