a doctor is an example of which factor of production?\nland\nlabor\ncapital\nentrepreneurship
a doctor is an example of which factor of production?\nland\nlabor\ncapital\nentrepreneurship
Answer
Brief Explanations:
Factors of production include land, labor, capital, and entrepreneurship. Labor refers to the physical and mental effort people contribute to production. A doctor uses their skills and time to provide medical services, which is a form of labor.
Answer:
B. Labor