Tariq has just received a loan from the Small Business Administration to open a printing shop in his community. He will be leasing computers, copiers, scanners, and printers. These items represent his need for:
A) natural resources.
B) capital.
C) entrepreneurship.
D) human resources.

Question

Quizplus · Accepted Answer

The items listed (computers, copiers, scanners, and printers) are all capital goods, which are the tools, equipment, and buildings used in the production of goods and services. The fact that Tariq is leasing these items further confirms that they are capital goods, as he is not purchasing them outright but rather using them for a period of time in exchange for regular payments.

Tariq Has Just Received a Loan from the Small Business