Which Resource Generates the Largest Share of the Income in the United

question 74

Multiple Choice

Which resource generates the largest share of the income in the United States?

• A)labor
• B)land
• C)capital
• D)entrepreneurial ability
• E)money

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Definitions:

Intangible Nature

Refers to the non-physical qualities or characteristics of services and goods, like brand image or customer experience.

Quality

The degree of excellence of a product or service, often measured against other similar products or services.

Price of a Service

The amount of money charged for the performance of a specific task or service provided to consumers or businesses.

Tuition

The fee charged for instruction or teaching, typically in a formal educational institution.