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The payment for entrepreneurship is
Which of the following is not a factor of production?
Capital, as a factor of production, is created when
The term "human capital" refers to the number of workers.
In South Africa, the quality of labour is just as important as the size of the labour force.
Labour, as a factor of production, refers only to physical labour.
Which of the following is not an example of a natural resource?
Many natural resources come from the earth and are, therefore, unlimited.
Owners of natural resources receive rent as income for making natural resources available for producing goods and services.