Which of the following is a labor resource?
A) A computer programmer.
B) A computer.
C) Silicon (sand)used to make computer chips.
D) A piece of software used by a firm.

Question

Quizplus · Accepted Answer

A labor resource refers to a human resource that works towards producing goods and services. A computer programmer is a person who works with a computer to develop software programs or applications, making it a human resource or a labor resource.

B) A computer is a capital resource, as it is a tool or machinery used to produce goods and services.

C) Silicon (sand) used to make computer chips is a natural resource, as it is derived from nature and is used in the production of computer chips.

D) A piece of software used by a firm is a capital resource since it is a tool used by the firm to aid in the production of goods and services.

Which of the Following Is a Labor Resource