Which of the following best defines "capital" as a factor of production? Financial assets used by businesses. The money that the owners of a business reinvest from their profits. Instruments, machines, and buildings used in production. The knowledge and skills that people use in production of goods and services.

Which of the following best defines "capital" as a factor of production? Financial assets used by businesses. The money that the owners of a business reinvest from their profits. Instruments, machines, and buildings used in production. The knowledge and skills that people use in production of goods and services.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter1: Introducing The Economic Way Of Thinking

Section: Chapter Questions

Problem 3SQ

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