MC Qu. 01-08 Lina's editorial business was not...
Lina'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?
Multiple Choice
О
labor
О
capital
О
knowledge
economics



Answer :

Final answer:

The factor of knowledge is exemplified in Lina's editorial business scenario as she focuses on enhancing her employees' skills to utilize technology for business expansion.


Explanation:

Labor, capital, and knowledge are the factors of production. In the scenario described, Lina's implementation of a training program for her employees to utilize technology to expand her client list reflects the factor of knowledge. Knowledge plays a crucial role in enhancing productivity and growth within a business.


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