Which of the following is an example of a capital resource
Subject : Economics
Question: Which of the following is an example of a capital resource?
A) coal
B) machinery
C) time
D) horse
Expert Verified Solution:
The correct answer is:
B) Machinery
Explanation: A capital resource refers to the tools, equipment, and machinery used in the production of goods and services. Machinery is an example of a capital resource because it is used to produce other goods and increase productivity. Coal, time, and horses are not classified as capital resources; coal is a natural resource, time is a non-tangible factor, and horses are considered labor resources in this context.
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