Question

Approximately 200 people are working on developing a new community just outside a major city. Unlike other communities in the area, the development will feature innovative amenities such as solar powered houses, bike paths, and small, locally owned stores. The decision to include these amenities is an example of which factor of production?

1. Capital
2. Entrepreneurship
3. Labor
4. Land

Answer 1

I believe it would be capital because the other options just don't sound right the only other option would be B) but that to do with a business So I would go with A)  

Answer 2

Answer

Entrepreneurship

Explanation

Factors of production are the inputs that are used in the production of goods and services in order to make profit and and to make sure that the economy is stable. Entrepreneurship capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. Entrepreneurship is  factor of production because it can increase the productivity and efficiency of a firm or the economy.