Which of the following is not a factor of production a compu

Which of the following is not a factor of production

a) computer program

b) forest

c) labor leader

d) dollars

Solution

The four basic factors of productions are :- land, labour, Capital and organisations. Therefore labour force falls under labour category, forest falls under land category…. Dollar falls under capital category but computer program neither falls under this three nor under entrepreneur or organisations. It’s a human developed program… so by appointment of labour itself we can generate computer program. So, computer program is not a factor of production.