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Lois is planning to raise funds for her new business venture. Which factor of production is she working toward?


Lois is planning to raise funds for her new business venture. She is working toward satisfying the __________ factor of production.

Respuesta :

Answer:

Capital

Explanation:

Factor of production are defined as resources or input that are used in production process to get output.

The factors of production includes land, labour, and capital.

Although these are not part of the final product , they facilitate production.

In the given scenario Louis is planning to raise funds for her new business venture.

This is an activity aimed at raising capital for the business.

Capital is a sum of money that is used to start or run a business.

Answer:

The capital factor of production.

Explanation: