The eBay website uses technology and the Internet for its virtual marketplace, employs personnel to maintain the technology, provides office space for employees, and has a founder who quit a lucrative career in another industry. Which factor of production is the founder?
A) entrepreneurship
B) human capital
C) natural resources
D) physical capital

Question

Quizplus · Accepted Answer

The founder is considered entrepreneurship because they took the initiative to start and manage the business, bringing together the other factors of production.

The EBay Website Uses Technology and the Internet for Its