Answered

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A construction worker lifting concrete bags would be an example of which factor of production?

A. Capital
B. Labor
C. Land
D. Entrepreneur

Sagot :

GinnyAnsweridn

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


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