Which of the Following Best Defines Capital as a Factor

question 57

Multiple Choice

Which of the following best defines capital as a factor of production?

• A) The gifts of nature that businesses use to produce goods and services.
• B) The knowledge and skills that people obtain from education and use in production of goods and services.
• C) Financial assets used by businesses.
• D) Instruments, machines, and buildings used in production.

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Definitions:

Neuronal Transmission

The process by which neurons communicate with each other through electrical and chemical signals to transmit information throughout the nervous system.

Scientific Theories

Well-substantiated explanations of the natural world that are based on a body of evidence and can make predictions about natural phenomena.

Abnormal Psychology

A branch of psychology that studies unusual patterns of behavior, emotion, and thought, which may or may not be understood as precipitating a mental disorder.

Parsimonious

Refers to extreme unwillingness to spend money or use resources.