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Which two of the following are factors of production?

A. Carpentry skills
B. A newly built house
C. A home mortgage loan
D. Planks of hardwood
E. Stock in a construction company

Sagot :

Final answer:

Labor and capital are the two factors of production.


Explanation:

Labor and capital are the two factors of production. Labor refers to human effort applied to production, while capital includes tools and equipment needed for production.


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