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Commerce · Q205

Economics

Graduate and Post Graduate · Commerce · question 205

Q205

Which of the following is NOT an input?

A.
Labour
B.
Entrepreneurship
C.
Natural resources
D.
Production
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Production is not an input. It is an output. Production is the method of turning raw materials or inputs into finished goods or products in a manufacturing process.