Which of the following is NOT a factor of production? The effort of farmers raising cows for milk. The water used to cool a nuclear power plant. The wages paid to workers. The entrepreneurial skill of a small business owner.

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
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Which of the following is NOT a factor of production?
The effort of farmers raising cows for milk.
The water used to cool a nuclear power plant.
The wages paid to workers.
The entrepreneurial skill of a small business owner.
Transcribed Image Text:Which of the following is NOT a factor of production? The effort of farmers raising cows for milk. The water used to cool a nuclear power plant. The wages paid to workers. The entrepreneurial skill of a small business owner.
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