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Which factor of production is LEAST likely labeled in the photo?

Ride Tools
A)
capital
B)
human resources
C)
entrepreneurship
D
natural resources

1 Answer

2 votes

Final answer:

The factor of production called entrepreneurship is least likely to be labeled in a photo showing "Ride Tools" as it refers to the individual or group that starts and runs a business venture, not a physical object.

Step-by-step explanation:

The factor of production labeled as "Ride Tools" in the photo is least likely to be entrepreneurship. Capital refers to the tools, equipment, and machinery used in the production of goods and services. "Ride Tools" would most likely be considered a form of capital as they are used to help a business function. Human resources involve the labor force and the skills they bring to the production process, which would not be specifically labeled in a photo of tools. Natural resources are the raw materials derived from the earth, which, again, would not be depicted as tools. Entrepreneurship is the creative and risk-taking element in business, represented by an individual or group who initiates and runs a business venture. This factor is about the idea and management, not a physical object that could be visually labeled in a photo.

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