The option C is correct. The factors of production include the number of employees needed to manufacture a good.
Further Explanation:
The factor of production means the necessary inputs required to produce the goods. Without the factor of production, the producer is not able to produce the goods. The basic factor of production includes the land, labor, and capital. The company is producing a new facility for the first time. Therefore, it is considered as the basic factor of production.
Justification for the correct and incorrect answer:
A.
Customers needed to make a profit on the good: This option is incorrect.
The factor of production basically includes those which are necessary to produce the good. The customer is necessary at the time of sale
B.
Consumers who show an interest in a good: This option is incorrect.
If the customer shows interest in a good, then the producer may produce those goods. But this is not the factor of production.
C.
Employees needed to manufacture a good: This option is correct.
Labor is the one factor of production, without employees the producer is not able to produce the goods. This is the correct option that the factor of production includes the number of employees needed to manufacture a good.
D.
Producers who supply the same good: This option is incorrect.
Producers supply the same good is known as a competitor. Competitors are not considered as the factor of production.
Learn more:
1. Learn more about goods production
https://brainly.com/question/9356259
2. Learn more about the position in the organization
https://brainly.com/question/6449808
3. Learn more about organizational structure
https://brainly.com/question/6256024
Answer details:
Grade: Middle School
Subject: Economics
Chapter: Factors of production
Keywords: customer, number, factor of production, necessary inputs, employees, manufacture, to produce good, interests, make a profit, needed, basic inputs, new facility.
