Factors of production include all of the following EXCEPT ...

[anjilletteb]

Factors of production include all of the following EXCEPT ________.
 
  A) machines made in past years.
  B) money
  C) entrepreneurship
  D) a wheat field that is not irrigated

Question 2

Producing leather creates external costs in the form of water pollution. The figure above illustrates the market for leather. If the government sets a pollution limit that achieves efficiency, how many tons of leather are produced?
 
  A) 0 tons
  B) 200 tons
  C) 300 tons
  D) more than 300 tons
  E) more than 0 tons and less than 200 tons

[skipfourms123]

Answer to Question 1

B

Answer to Question 2

C