tractors used by farmers belong to which factor of production? (a) land (b) Labour (c) capital (d) Enterprise​

Answers 1

Explanation:

As a factor of production, capital refers to the purchase of goods made with money in production. For example, a tractor purchased for farming is capital.

The main factors of production are natural resources (land, water, soil, rainfall), labour and capital. These are different products produced by farmers, each of which uses inputs to produce outputs.

Land

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