Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Capital refers to Select one: a. the physical and mental effort of humans to produce goods and services b. the ability to combine all

 

Capital refers to Select one: a. the physical and mental effort of humans to produce goods and services b. the ability to combine all other resources to produce goods and services c. the goods that are used to produce other goods and services d. money used to purchase plants and equipment for producing goods and services

Step by Step Solution

There are 3 Steps involved in it

Step: 1

In economics the term capital refers to assets that can be used to produce goods and serv... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Economics questions

Question

please dont use chat gpt AI 4 2 0 . CSTR .

Answered: 1 week ago

Question

L A -r- P[N]

Answered: 1 week ago