Giant Enterprises is preparing to install a new automated production line in its factory. Which of the factors of production does the new line best represent?
A) entrepreneurship
B) human resources
C) capital
D) knowledge
E) technology resources

Question

Quizplus · Accepted Answer

The new automated production line is an example of capital, as it represents a physical asset that the company is investing in to produce goods or services more efficiently.

Giant Enterprises Is Preparing to Install a New Automated Production