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Carolyn gets a bank loan in order to purchase new tanning beds for her salon. in terms of the factors of​ production, how would this bank loan be​ characterized

Carolyn gets a bank loan in order to purchase new tanning beds for her salon. in terms of the factors of​ production, how would this bank loan be​ characterized
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Carolyn gets a bank loan in order to purchase new tanning beds for her salon. in terms of the factors of​ production, how would this bank loan be​ characterized

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User Oden
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1 Answer

6 votes
It would likely be characterized as an investment.
answered
User ValentinVoilean
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