Question
A tech startup is planning to launch a new app. The team includes software developers, office space, computers, and funding from investors.
Which combination of economic resources is represented in this scenario?
Land and labor only
Capital and land only
Entrepreneurs and land only
Labor, capital, and entrepreneurs
Which combination of economic resources is represented in this scenario?
Land and labor only
Capital and land only
Entrepreneurs and land only
Labor, capital, and entrepreneurs
Answers
GPT-4o mini
The combination of economic resources represented in this scenario includes labor, capital, and entrepreneurs.
- **Labor** refers to the software developers who are working on the app.
- **Capital** includes the office space, computers, and any other tools or equipment required for the development and launch of the app.
- **Entrepreneurs** represent the individuals or team driving the startup, who are responsible for the vision and execution of the business idea, as well as securing funding from investors.
So, the correct answer is **Labor, capital, and entrepreneurs**.
- **Labor** refers to the software developers who are working on the app.
- **Capital** includes the office space, computers, and any other tools or equipment required for the development and launch of the app.
- **Entrepreneurs** represent the individuals or team driving the startup, who are responsible for the vision and execution of the business idea, as well as securing funding from investors.
So, the correct answer is **Labor, capital, and entrepreneurs**.