Question

Michiko wants to open a restaurant. She has gotten the necessary permits and licenses, chosen a location with a building and restaurant equipment, obtained a local food producer to supply fresh ingredients, and secured a loan. What is Michiko missing?

Answer 1

Labor

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Step-by-step explanation:

4.

(03.02 MC)

Michiko wants to open a restaurant. She has gotten the necessary permits and licenses, chosen a location with a building and restaurant equipment, obtained a local food producer to supply fresh ingredients, and secured a loan. What is Michiko missing? (5 points)

Answer 2

Answer: Labor

Explanation: For opening a restaurant, Michiko has gathered all the required services such has license, permits, ingredient supply, place for restaurant, equipment etc. ,but she has not chosen the workers who will perform task like cooking food, serving, taking orders etc.

The complete process for opening restaurant requires entrepreneurship , land, labor and capital. So, workers will act as the labors for the restaurant.