Question

Labor includes all of the following factors EXCEPT: Question 10 options: a) the ability to use physical resources in creative ways to produce goods and services. b) the physical talents of people. c) the time and effort provided by migrant workers on farms. d) the mental talents of people.

Answer 1

Answer:

a) the ability to use physical resources in creative ways to produce goods and services.

Explanation:

Labor is a factor of production that is concerned with physical or mental efforts exerted by the skill force / manpower in exchange for a reward known as a wage. Options b, c and d relate to labor. Option a relates to the entrepreneurship factor of production and is therefore false.