Which factor of production does a computer system in a business represent?

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08-01-2021
Social Studies

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Which factor of production does a computer system in a business represent?

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victoriabuurman0784 victoriabuurman0784 · Answer 1 · 2021-01-08T17:37:28+01:00

victoriabuurman0784 victoriabuurman0784

08-01-2021

Answer:The third factor of production is capital. Think of capital as the machinery, tools and buildings humans use to produce goods and services. Some common examples of capital include hammers, forklifts, conveyer belts, computers, and delivery vans.

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