6
InstructionMultiple Choice

Economic Systems

Question 6 • World History (SPC noncredit)

Which of the following is not one of the factors of production?

Answer
A
land
B
cost
C
labor
D
capital

Explanation

The factors of production are the resources used to make goods and services, including land, labor, and capital. Cost is an expense associated with production, not a factor of production, so the correct choice is cost.

AI-written and checked against the verified answer.