Economics 9708 · AS & A Level · Factors of production

Factors of production — practice question

Meera has recently completed a course at art college and has chosen to start her own business making clay models of well-known people. Which factors of production will she probably need to buy from other businesses?

  • Aland: purchased; labour: purchased; capital: purchased; enterprise: not purchased
  • Bland: purchased; labour: not purchased; capital: purchased; enterprise: purchased
  • Cland: purchased; labour: not purchased; capital: purchased; enterprise: not purchased
  • Dland: not purchased; labour: purchased; capital: not purchased; enterprise: purchased

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