A factor of production that is produced in order to produce something else is called:
A) money.
B) labor.
C) technology.
D) capital.
Correct Answer:
Verified
Q8: Human effort that can be applied in
Q9: To be considered capital, a factor of
Q10: Labor is the _ that can be
Q11: Any factor of production is capital if
Q12: Resources from nature that can be used
Q14: Which of the following is an example
Q15: An economic system is the set of
Q16: Economic resources used in the production process
Q17: The factors of production are:
A) money, labor,
Q18: Capital is best considered as:
A) the natural
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