Which Resource Is Often Enhanced by Technological Change

question 17

Multiple Choice

Which resource is often enhanced by technological change?  

• A) capital 
• B) land 
• C) labour 
• D) entrepreneurship

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Definitions:

Account Receivable

Money owed to a company by its customers for goods or services provided on credit.

Sale On Account

A transaction where goods are sold and payment is to be made at a later date.

Equity

The value of an owner's interest in a company, calculated as the difference between the company's assets and liabilities.

Assets

Economic resources owned or controlled by a business or individual that are expected to bring future benefits.