Examlex
Which of the following modes of transportation has the lowest transport cost?
Labor
The physical and mental effort used to produce goods and services.
Human Creations
Innovations, artworks, processes, and inventions that result from human imagination and intellect.
Capital
Resources made and used by people to produce and distribute goods and services, including buildings, machinery, and equipment.
Entrepreneurial Ability
The imagination required to develop a new product or process, the skill needed to organize production, and the willingness to take the risk of profit or loss
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