Question

MEDALLSSSSS
As a factor of production, what is capital?
A.
The entrepreneur who sees how to make something useful
B.
The tangible products made by labor
C.
The natural resources used to create a product
D.
An industrial good

Answer 1

what do you think the answer is?

Answer 2

Capital — has many meanings, including the financial capital raised to operate and expand a business. In much of economics, "capital" (without any qualification) means goods that can help produce other goods in the future, the result of investment. It refers to machines, roads, factories, schools, infrastructure, and office buildings which humans have produced to create goods and services.

Answer 3

did i help?

Answer 4

yeah i pick c but i was wrong the test already ended but could u still tell me wht u thik it was?

Answer 5

yea sure. i was kind of going with either A or C. but i had more hope o A.

Answer 6

*on

Answer 7

okayy thanks !