Question

Diana's editorial business was not growing and she sought ways to expand her client list. She recognized that technology provided opportunities to bring on new customers, so she instituted a training program for her employees. Which factor of production is described here?
A) labor
B) capital
C) knowledge
D) economics

Answer 1

Answer:

C) knowledge

Explanation:

According to my research on different production factors, I can say that based on the information provided within the question Diana's is using the factor of production known as Knowledge. This can be said because she is learning new ways of growing her business by learning about different territories (technology) in which to expand her business.

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