Classify each resource used in production as land, labor, capital, entrepeneurs, or human capital. Natural resources Labor Physical capital Entrepreneurs Answer Bank Pat's experience tweaking the extruder Kyle's Taco Truck (the truck itself) The Rio Grande LaShonda, a server at Sonic Drive-In your econ professor's understanding of how markets work your favorite bartender ore Aunt Sandy's Jammin' Jellies (the business) Kyle, operator of Kyle's Taco Truck Which resource earns profits? capital O entrepreneurs O natural resouces your coworkers at the big-box store Human capital Farmer Bailey's tractor Lake Casitas O labor Ohuman capital
Classify each resource used in production as land, labor, capital, entrepeneurs, or human capital. Natural resources Labor Physical capital Entrepreneurs Answer Bank Pat's experience tweaking the extruder Kyle's Taco Truck (the truck itself) The Rio Grande LaShonda, a server at Sonic Drive-In your econ professor's understanding of how markets work your favorite bartender ore Aunt Sandy's Jammin' Jellies (the business) Kyle, operator of Kyle's Taco Truck Which resource earns profits? capital O entrepreneurs O natural resouces your coworkers at the big-box store Human capital Farmer Bailey's tractor Lake Casitas O labor Ohuman capital
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter1: What Is Economics
Section: Chapter Questions
Problem 1AA
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