WAEC Commerce 2023 Objective — Question 2
Question 2 of 50 from the West African Examinations Council (WAEC) Commerce 2023 Objective paper, with the correct answer and a full explanation.
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Which of the following is not a factor of production?
- A. StaffingCorrect
- B. Land
- C. Labour
- D. Capital
Explanation
Staffing is a process of recruiting required staff in an organisation. Thus, it is not part of factors of production (which are Land, Labour, Capital and Entrepreneur).
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