QUESTION IMAGE
Question
12 multiple choice 5 points this picture describes which of the four factors of production? image of trucks land labor capital entrepreneur
Brief Explanations
The four factors of production: Land refers to natural resources; Labor is human work effort; Capital includes man-made tools/equipment used to produce goods/services; Entrepreneurs organize the other factors. The trucks are man-made vehicles used to transport goods, a form of capital.
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C. Capital