For a factor of production to be called capital it must:
A) be produced.
B) occur in the natural environment.
C) be a part of human skill. One
D) be a result of a stock issue.
Correct Answer:
Verified
Q14: Which of the following is an example
Q15: An economic system is the set of
Q16: The model that shows the goods and
Q16: Economic resources used in the production process
Q19: Factors of production are:
A) the resources the
Q19: Resources from nature that can be used
Q23: Which of the following is not capital?
A)
Q26: Use the following to answer question(s):
Exhibit:
Q27: One of the two criteria for a
Q42: Use the following to answer question(s):
Exhibit:
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