Factors of Production Such as Labor and Capital

question 59

Multiple Choice

Factors of production such as labor and capital

• A) are complementary.
• B) are substitutable.
• C) can be complements and also substitutes.
• D) can be neither complements nor substitutes.

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Definitions:

Timesheet

A timesheet is a document or tool used to track the amount of time an employee has worked on various tasks or projects.

Stopwatch

A tool used to measure the amount of time elapsed from a particular time when activated to the time of deactivation.

Employee Tracker

A system or software used by businesses to monitor performance, attendance, and various metrics of their employees.

Timesheet Icon

A graphical symbol used on software interfaces to represent or access timesheet functions, often for tracking work hours.