As a business owner, Laura recognizes she needs to be knowledgeable about both her particular business as well as the market and economic data surrounding her business. Because of this, Laura has worked hard to develop a specialized knowledge and expertise about her business over the years, utilizing the factor of production known as: (1 point) Responses entrepreneurship. entrepreneurship. information resources. information resources. natural resources. natural resources. labor..

Answer 1

Laura has developed a specialized knowledge and expertise about her business, which falls under the category of entrepreneurship. This factor of production is associated with the skills, creativity, and decision-making abilities that a business owner uses to innovate and manage their business effectively.