Read the extract and answer the following questions. Shruti and her friends have an idea to start selling makeup kits. They already have saved money for the merchandise, models and displays. Since they all own the company, they will work for free. Explain any four features/characteristics of the above (a) factor of production.
Explanation
The given extract mentions that Shruti and her friends have already saved money for the merchandise, models, and displays. This indicates that they are using their own saved money as a factor of production, which is Labour is not being used here as they are working for free, but the money they saved is a form of Capital.
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