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Which factor of production is being under utilized when unemployment is a problem?

A entrepreneurs
B. labor
C.land
I need help ASAP which one is the correct answer

2 Answers

13 votes

Answer: Labor

Explanation: When unemployment is a problem, labor is being under-utilized. Unemployment happens when there are more workers than jobs available.

User GammaVega
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4 votes

Answer:

A entrepreneurs

Step-by-step explanation:

The general condition in which resources are willing and able to produce goods and services but are not engaged in productive activities. While unemployment is most commonly thought of in terms of labor, any of the other factors of production (capital, land, and entrepreneurship) can be unemployed.

User Cuuupid
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