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
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
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 42P: A small company that shovels sidewalks and driveways has 100 homes signed up for its services this...
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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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