The physical and mental effort people use to produce goods and services is a description of which factor of production? Select one: O a. physical capital Ob. entrepreneurship Oc, labor O d. human capital

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
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Problem 10RQ: Give the three reasons that explain why the division of labor increases an economys level of...
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The physical and mental effort people use to
produce goods and services is a description
of which factor of production?
Select one:
O a. physical capital
Ob. entrepreneurship
Oc, labor
O d. human capital
Transcribed Image Text:The physical and mental effort people use to produce goods and services is a description of which factor of production? Select one: O a. physical capital Ob. entrepreneurship Oc, labor O d. human capital
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