Which of the following would be an example of capital for a computer software firm? (i)
The firm's computer programmers
(ii)
The wages the firm pays to its computer programmers
(iii)
Computer equipment
A)(i) only
B)(ii) only
C)(iii) only
D)(i) and (iii) only

Question

Quizplus · Accepted Answer

Capital refers to physical assets used in production, such as computer equipment, not human resources or wages.

Which of the Following Would Be an Example of Capital