Q19. Which category of scarce resources has the correct matching list? A. Land: whiteboard in a classroom, a barbershop owner, professor at a college B. Capital: mirror in a barbershop, ATM machine at a bank, a bank clerk, arable land C. Labor: professor at a college, nurse at a hospital, doctor at a hospital, mayor of a city D. Entrepreneurship: a partner in a law firm, a stockholder, software at accounting firm

Principles of Economics (MindTap Course List)
8th Edition
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter25: Production And Growth
Section: Chapter Questions
Problem 2CQQ
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Q19. Which category of scarce resources has the correct matching list?
A. Land: whiteboard in a classroom, a barbershop owner, professor at a college
B. Capital: mirror in a barbershop, ATM machine at a bank, a bank clerk, arable land
C. Labor: professor at a college, nurse at a hospital, doctor at a hospital, mayor of a city
D. Entrepreneurship: a partner in a law firm, a stockholder, software at accounting firm
Transcribed Image Text:Q19. Which category of scarce resources has the correct matching list? A. Land: whiteboard in a classroom, a barbershop owner, professor at a college B. Capital: mirror in a barbershop, ATM machine at a bank, a bank clerk, arable land C. Labor: professor at a college, nurse at a hospital, doctor at a hospital, mayor of a city D. Entrepreneurship: a partner in a law firm, a stockholder, software at accounting firm
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