JAMB Commerce 2019 Objective — Question 33

Question 33 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2019 Objective paper, with the correct answer and a full explanation.

Resources harnessed in certain proportion to create goods and services are

A. factors of productionCorrect
B. technology and labour
C. land and entrepreneur
D. raw materials

Explanation

Factors of production are the resources put together, in certain proportions, to facilitate the production of goods and services.

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