Farmers who use tractors instead of horse-drawn plows have greater yields.Which factor of production explains this result?

Question

Quizplus · Accepted Answer

The use of tractors is an example of utilizing physical capital, which refers to man-made resources used in production such as machinery, buildings, and equipment. Using tractors allows for faster and more efficient plowing, which can lead to greater yields.

Farmers Who Use Tractors Instead of Horse-Drawn Plows Have Greater