Capital goods differ from primary factors in that they are evaluated in terms of money.

Name: Capital goods differ from primary factors in that they are evaluated in terms of money.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Capital goods differ from primary factors in that they are not natural resources but are man-made goods used in the production of other goods or services, whereas primary factors include natural resources, labor, and capital. The distinction is based on their role in production, not on how they are evaluated.

Capital Goods Differ from Primary Factors in That They Are