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Question
Capital is a natural factor of production.
Capital is a natural factor of production.
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Solution
The correct option is B False
False.Capital refers to the amount which is been invested by the owners of the firm which is used to employ people to work in the production process and also to acquire assets which is used in the production process, Capital is regarded as a human factor of production as it is contributed by humans in the firms oftheir interest.
False.
Capital refers to the amount which is been invested by the owners of the firm which is used to employ people to work in the production process and also to acquire assets which is used in the production process, Capital is regarded as a human factor of production as it is contributed by humans in the firms oftheir interest.
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