Krugman's Economics For The Ap® Course
Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
Question
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Chapter 1, Problem 1MCQ
To determine

The question requires us to determine the example of capital resource.

Expert Solution & Answer
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Explanation of Solution

Resources are something that can be used in producing some final or intermediate products. Machinery, tools, buildings are the examples of capital resource.

A cheeseburger dinner comes under consumer products as it is not the source of production.

A construction worker, an acre of farmland, and petroleum are the examples of land and labor resources while a factory is considered a capital resource.

So, a factory is an example of capital.

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