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Which of the following is NOT recognized as a factor or resource of production by the author of your textbook, even though it is seen as such by most…

Which of the following is NOT recognized as a factor or resource of production by the author of your textbook, even though it is seen as such by most economists and ALL colleges of business today, and was first proposed as a factor of production by a classical economist less than 40 years after Adam Smith?

 

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