Which of the following items are not factors of production? Explain why not.

Item a: Vans used by a baker to deliver bread

Item b: $1,000$ shares of

Amazon.com stock

Item c: Undiscovered oil in the Arctic Ocean

Item d: A bulldozer

Item $e$: A soda

Item $f.$ The Attorney General

A$.$ Item e only because it is a consumption good.

B$.$ Item $b$ because it is just a piece of paper and item $c$ because it isn't available to produce goods and services. All other items in the list are factors of production.

C$.$ Item $f$ because the Attorney General has many assistants.

D$.$ Items a$,d,$ and $f$ because they are productive resources used to produce goods and services $-$ land, labor, capital, or entrepreneurship.

E$.$ Items $b,c,$ and $e$ because they are not productive resources used to produce goods and services$$land$,$ labor, capital, or entrepreneurship.