A. capital
B. labour
C. exchange
D. entrepreneurship
Correct Answer: Option C
C. exchange
Explanation
- Land (which includes land itself as well as other natural resources and phenomena — water, forests, fossil fuels, weather, etc.),
- Labour (the human work necessary to produce and deliver goods), and.
- Capital (manmade goods used to produce other goods — factories, machinery, highways, electrical grid, etc.).
- Entrepreneur is the organizer of the other factors of production. without the entrepreneur, there won’t be production
