Saturday
August 23, 2014

Homework Help: A.P. Economics (Please check if I'm right)

Posted by Ami on Thursday, August 6, 2009 at 7:20pm.

Leaving class today, you decide to start an economics tutoring business. Your first step is to get the two categories of capital. Next you need to obtain the other factors of production. Specifically, what do you need in terms of land, labor, and capital.

My Ans: Physical capital could be the building where the tutoring class takes place. Human capital would be the knowledge I gain by studying in the classroom.

I don't get what I should write in terms of land and labor??? Please help!!!

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

economics - hi new to economics, and struggling with some of its concepts. got ...
Mathematics - Among 500 freshmen pursuing a business degree at a university, 313...
economics - im learning about economics and the meaning of 3 economic systems ...
to mrs. sue: essay cont. - I wrote two of my paragraphs yesterday about how ...
business economics - explain using illustrations how the study of business ...
economics - an entrepreneur could go to investors or a bank to get the capital ...
essay cont.: mrs. sue - The next step for a student to do is to take all of the ...
economics - With illustrations, show how the study of business economics helps a...
business economics - how business economics helps business manager in decision ...
11th grade economics - Since capital are means of production e.g. machinery, how...

Search
Members