A factor of production that has been produced for use in the production of other goods and services is:
A) labor.
B) money.
C) capital.
D) natural resources.

Question

Quizplus · Accepted Answer

Capital refers to man-made resources that are used in the production of goods and services. These can include machinery, equipment, buildings, and tools. Unlike natural resources, capital is produced by humans to aid in production. Therefore, C) capital is the correct answer.

A Factor of Production That Has Been Produced for Use