O Levels Economics (2281)•2281/13/O/N/22

Explanation
Factors of Production in Economics Steps:
- Identify the four factors: land (natural resources), labor (human effort), capital (financial/man-made resources), enterprise (organization and risk-taking).
- Match airline elements: people (pilots) to labor; equipment (computer network) to capital; owners to capital or enterprise.
- Evaluate choices for correct allocation based on standard definitions.
- Select the pair where the airline component aligns precisely with the factor.
Why A is correct:
- Capital includes financial investments provided by owners to fund airline operations, per economic definitions of produced means like money for equipment.
Why the others are wrong:
- B: Pilots represent labor (human work), not capital.
- C: Computer network is man-made capital, not land (natural resources).
- D: Tautological; enterprise is the factor itself, but lacks specific airline allocation.
Final answer: A
Topic: The factors of production
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