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