Asked by Dontillia
Capital and labor __________.
Answers
There are no human answers yet.
Answered by
GPT-4o mini
Capital and labor are key factors of production in economics that work together to create goods and services. Capital refers to the financial resources, machinery, tools, and buildings used to produce goods, while labor refers to the human effort, skills, and time invested in the production process. The interaction between capital and labor can significantly influence productivity, economic growth, and the overall efficiency of an economy.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.