adtin3khalonstan adtin3khalonstan
  • 02-02-2016
  • Business
contestada

What is capital as a factor of production?

Respuesta :

taskmasters
taskmasters taskmasters
  • 02-02-2016
Capital is one of the three primary factors of production. Others are land and labor. Capital or capital goods can be consumable ones, but it is better if they are left unused, where there will be more supply available for a subsequent time. Also, anything that can help the owner to do efficient work is called capital. An example for this is a machine in a factory that can help the owner of the business do work faster and gain more income-producing goods.  
Answer Link

Otras preguntas

HELP! Answer question 3 and explain please!
How would smoking, for example, impact lung capacity?
Flora needs a copy of Romeo and Juliet for class. Which type of online text source should she use?an e-book
Which of the following words would accurately describe Jane Eyre’s friend, Helen? Select all that apply. tender sympathetic insightful ambitious
Two step Equation a.3x-8=31
Keshaun is a student who is hearing impaired. His speech is difficult to understand but he knows sign language. Other students are uncomfortable communicating w
In at least one paragraph explain In your opinion, what are characteristics that make a great leader? Who are some people that you would describe as being a gre
The equilibrium price of oil has risen. why?
If the unemployment rate is 9 percent and the natural rate of unemployment is 5 percent, then the:
What is the value of z in the equation 2z + 6 = –4? (5 points) 5 1 –1 –5