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Kyuubi Kyuubi
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6 years ago
A mining company owns a coal mine. It hires miners to mine the coal with shovels, load it on a truck and take it to the coal market where it is sold. In this scenario:
A) the mine, the shovels and the truck are all capital because they cost money
B) the owner of the company makes all the important decisions and is a good example of labour services
C) the mine and the coal in it are land, and the shovels are capital
D) the mine is land, the coal in it is capital because it can be sold for money, and the miners are labour
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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JavaewJavaew
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6 years ago
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