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WAEC Economics 2018 Objective — Question 3

Question 3 of 50 from the West African Examinations Council (WAEC) Economics 2018 Objective paper, with the correct answer and a full explanation.

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The organisation of productive factors is the responsibility of the

  • A. management
  • B. entrepreneurCorrect
  • C. production manager
  • D. labour union

Explanation

The entrepreneur is the factor of production responsible for organising and bringing together the other factors of production.

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