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Do economists use the term investment to signify physical or mental work?
do economiists use the term investment to signify physical or mental work
Capital as economists use the term refers to what?
the profits that come from hiring and using labor and natural resources
What is meant by the term substitution of capital for labor?
Changes in the price of capital have a similar effect on the demand for labour as a change in the price of any substitute good has on a demand curve. Thus if the cost of labour is relatively low, firms will reduce their use of capital (technology) resulting in greater use of labour in production.
What is capital factor of production?
Capital as a factor of production refers to the tools, machinery, buildings, and technology that are used in the process of producing goods and services. Unlike labor, which involves human effort, capital enables increased efficiency and productivity in production processes. It can be categorized into physical capital, such as machinery and equipment, and financial capital, which includes funds used for investment in production. Effective use of capital is essential for economic growth and the development of businesses.
Why is human capital considered the best capital?
human capital is consider the best capital bcuz if their will be no human capital so their is no use of other capital also
How do you use the term physical features in a sentence?
Example sentence - His physical features were difficult to explain.
How do you use the term Physical Properties in a sentence?
The physical properties of water will change when it freezes, turning from a liquid to a solid.
When we use capital letters before sentences?
We use capital letters at the beginning of the sentence.
How do I use capital in a sentence?
Madrid is the capital of Spain. The company needed to raise more capital in order to expand. A sentence should start with a capital letter.
What do you use to start a sentence?
A capital letter.
When and how to use Capital letters?
You use capital letters only if it is a place. Also you use it to capitalize your first word of a sentence.
Can you use long-term capital loss to offset short-term capital gains?
can long term gains be offset by short term losses
Would you use a capital k for king in a sentence?
NO
How you use term in a sentence?
I'm not familiar with that term.
Do you use a capital when you write aunty in a sentence?
Yes U do
Use capital in a sentence?
A capital letter always begins a sentence. A capital city refers to a seat of government. Do you support capital punishment?
How do you use spatial perspective in a sentence?
Spatial perspective is a geology term used to predict the physical and human patterns in space. An example sentence is: According the spatial perspective, we could never survive in space.
