Darnell lives in an area where labor is plentiful and locations for start-ups are relatively cheap. He is also confident that he can find start-up funds for a graphic arts business. As he evaluates the opportunity for his proposed venture, which two other factors of production does he need to succeed?
a) Labor and knowledge
b) Entrepreneurship and knowledge
c) Entrepreneurship and capital
d) Capital and land
Answer: B
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