Examlex
Which of the following would an economist classify as capital?
Discovering Consumer Needs
The process of identifying and understanding what customers want and require from products or services.
Sales Department
A division within a business that is responsible for selling products or services to customers and generating revenue.
Central Location
A strategic or convenient place for conducting business, usually selected for its accessibility to customers or as a distribution hub.
Specific Offering
A distinct product or service presented to the market by a business.
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