Question

Mario is a skilled jet flyer that was recently hired by Meagan who is starting an airline business that allows travelers to travel to small cities at half the price of Delta Airlines flights. Which factor of production is Mario?

A . Entrepreneurship
B . Labor
C . Capital
D . Land

Answer 1

B . Labor

Step-by-step explanation:

Labor refers to human efforts or contribution to the production process. Human beings provide skills, knowledge, experience, energy, and time in making products or in the provisions of services. Human beings are compensated with salaries, wages, and other benefits in exchange for labor.

Marion will be employed as a pilot. Meagan requires the skills of a person to offer services to customers. Mario will be providing labor services.