Select the correct answer.

Gloria wants to open her own restaurant. She has already purchased a building and raised enough cash to purchase the furniture, tools, and equipment required. She has also hired waitstaff and some cooks. However, she is unable to find a person who will be able to come up with interesting recipes every day. What type of factor of production is Gloria lacking?

A. entrepreneurship
B. human capital
C. land
D. physical capital



Answer :

Final answer:

Gloria is lacking entrepreneurship as a factor of production in her restaurant endeavor.


Explanation:

The factor of production that Gloria is lacking is entrepreneurship. Entrepreneurs are individuals who bring together the other factors of production - land, labor, and capital - to create goods or services. In Gloria's case, finding someone with the creativity to come up with new recipes daily falls under the entrepreneurial role.


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