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Question
question
amal owns a food company. recently she purchased a larger factory so she can increase the businesss output.
purchasing the factory corresponds to which of the following factors of production?
answer
○ intellectual property
○ capital
○ technology
○ entrepreneurial talent
○ i dont know yet
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In factors of production, capital includes physical assets like factories used to produce goods. Amal purchasing a factory is an investment in capital to expand production. Intellectual property relates to intangible creations, technology is about methods/equipment, and entrepreneurial talent is about the business owner's skills—none fit as well as capital here.
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B. Capital