Asked by C.P
The conversion of resources into consumer goods or services is called:
1. Human Capital
2. Production
3. Opportunity Cost
4. Absolute Advantage
I believe the answer is either 2) Production or 4) Absolute Advantage. I looked up the term in the textbook but those two have wordings so similar! Please help :(
1. Human Capital
2. Production
3. Opportunity Cost
4. Absolute Advantage
I believe the answer is either 2) Production or 4) Absolute Advantage. I looked up the term in the textbook but those two have wordings so similar! Please help :(
Answers
Answered by
Ms. Sue
I vote for 2.
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