Question

As a factor of production how is capital created?

a. by adding land to entrepreneurship
b. by adding human labor to land
c. by removing land from services.
d. by using labor to create services

Answer 1

Hint : land is a capital asset

Answer 2

So what's the answer?

Answer 3

http://www.investopedia.com/terms/c/capitalasset.asp

Answer 4

Can I just have an answer?

Answer 5

should be A most likely but i could be wrong, go through that link and see if it helps

Answer 6

I have another one

Answer 7

If your company uses a nonprice competitor strategy, what should you focus on?

a. lowering prices.
b. differentiation
c. creating direct competitors
d. the public sector