The factors of production are the parts of an economy that is necessary for creation of good or service.
What is a factors of production?
These are essential factor that combines to makes a production successful and these includes Land, Labor, Capital and Entrepreneur.
Hence, these factors are the parts of an economy that is necessary for creation of good or service.
Therefore, the Option B is correct.
Read more about factors of production
brainly.com/question/3208499
#SPJ2
