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When referring to factors of production, which of the following is an example of land?
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20 votes
20 votes
When referring to factors of production,
which of the following is an example of land?

User Kabilesh
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12 votes

Answer:

The first factor of production is land, but this includes any natural resource used to produce goods and services. This includes not just land, but anything that comes from the land. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests.

User Hamid Ali
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