What are the four factors of production represented by the acronym CELL?

The four factors of production represented by the acronym CELL are indeed Capital, Enterprise, Land, and Labor.

Capital refers to the tools, machinery, and infrastructure used in the production of goods and services. Enterprise is the initiative and risk-taking ability of individuals or businesses to combine the other factors to create goods or services. Land encompasses all natural resources used in the production process, such as minerals, water, and arable land. Finally, Labor signifies the human effort, skills, and abilities that contribute to the production of goods and services.

This combination of factors is crucial for any economy as they work together to create wealth and facilitate economic activity. The other choices do not accurately contain the correct components of the factors of production, making them unsuitable in the context of this question.