Which fifth factor of production do many economists now include in addition to the four traditional factors of labor, capital, entrepreneurs, and physical resources? a. externalities b. political resources c. social responsiveness d. national resources e. information resources

The correct answer is E, Information Resources.

Explanation:

Factors of production include Labor, Capital, Entrepreneurs and physical resources. But in the recent years, information has become the vital resource for organizations. Correct information and knowledge about a specific thing is crucial to the organization. For example if a company wants to introduce its new product and specifies a target audience, if the company doesn't get the accurate information about the needs and demands of that specific target area, other factor of production won't be of any use. So this information resource has become a vital and important part of the factors of production.

a

explanation:

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