Capital is defined by economists as:
A)money needed to run a business.
B)the only primary factor in production.
C)produced goods used for further production.
D)private property.
E)the total value of all resources used in production.

Question

Quizplus · Accepted Answer

Capital in economics refers to produced goods that are used to produce other goods and services, such as machinery, tools, and buildings.

Capital Is Defined by Economists As