At IDNLearn.com, find answers to your most pressing questions from experts and enthusiasts alike. Our platform is designed to provide quick and accurate answers to any questions you may have.
Sagot :
Final answer:
Labor is the human effort in production, while capital relates to tools and machinery. In the given scenario, the construction worker lifting concrete bags represents the labor factor of production.
Explanation:
Labor is the human effort applied to the production of goods and services, while capital refers to factors like machinery and tools used in production. In the context of a construction worker lifting concrete bags, this scenario exemplifies the factor of production known as labor.
Learn more about Factors of production here:
https://brainly.com/question/988852
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to assisting you again.