Nadine has started up a new printing business.The printers,computers,and copying machines she has leased are examples of:
A)natural resources.
B)capital.
C)current assets.
D)intangible resources.

Question

Quizplus · Accepted Answer

The printers, computers, and copying machines that Nadine has leased are examples of capital, which refers to man-made goods that are used in the production of other goods and services. Capital is a factor of production along with natural resources (A), labor, and entrepreneurship. Current assets (C) refer to assets that can be easily turned into cash within one year, such as inventory or accounts receivable. Intangible resources (D) refer to assets that are not physical in nature, such as patents or trademarks.

Nadine Has Started Up a New Printing Business