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WAEC Commerce 2022 Objective — Question 6

Question 6 of 50 from the West African Examinations Council (WAEC) Commerce 2022 Objective paper, with the correct answer and a full explanation.

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The resources put together to create goods and services are

  • A. working capital
  • B. producer goods
  • C. factors of productionCorrect
  • D. consumer goods

Explanation

Factors of production (land, labour, capital and entrepreneur) are resources which facilitate production.

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