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Which amongst the following is NOT one o...

Which amongst the following is NOT one of the four main factors of production?

A

Land

B

Labour

C

Expenditure

D

Entrepreneurship

Text Solution

Verified by Experts

The correct Answer is:
C
Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. So, Expenditure is not the factor of the production.
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