Which Input to Production Is Sentient and Capable of Changing

question 92

Multiple Choice

Which input to production is sentient and capable of changing the conditions of work?

• A) labor
• B) capital
• C) land
• D) management
• E) cost

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Definitions:

Sole Proprietor

A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.

Deduct Business Losses

The process of reducing taxable income by the amount of losses incurred by a business during a financial period.

Charging-Order Creditor

A creditor's legal right to attach a debtor's interest in an LLC or partnership, as a means to satisfy the debtor's outstanding obligation.

Lien Creditor

A creditor who has a legal right or claim against a debtor's property as security for a debt or charge.