Question

Indicate all the items in the following list that are not factors of production and explain why. Item a​: Vans used by a baker to deliver bread Item b​:​ 1,000 shares of Amazon stock Item c​: Undiscovered oil in the Arctic Ocean Item d​: A bulldozer Item e​: A soda Item f​: The Attorney General

Answer 1

Answer:

b. , c. , and e.

Explanation:

Based on the items provided within the question it can be said that the items that are not  factors of production are 1,000 shares of Amazon.com stock, undiscovered oil in the Atlantic Ocean, and a soda. This is because they are not productive resources that are being used to produce goods and/or services, land, labor, capital, or entrepreneurship  like the rest of the items on the list.