Question

Which factors of production are used by a dog walker to provide a service that has value?

1) labor only

2) capital only

3) both

4) capital and natural

Answer 1

3) both

Step-by-step explanation:

The correct option is the both. Any dog walker ususally provide services inorder to insure that the dogs of the clients are well taken care of. He employed the factors of production like the labour and capital to insure that his services has value.

Labour with respect to employing extra hands assissting in the dog walking while and capital which help in ensuring that all the required materials towards the successful running of his business are deployed after purchasing them.

Answer 2

3

Step-by-step explanation:

Which factors of production are used by a dog walker to provide a service that has value?

Labor and capital

Labor, because he has the reponsibility of walking clients dogs so he or she invest their strength and capital because there would be some start ip cost as wellas if the business grows you might need additional hands, advertisement costs and any other cost that will boost the growth of the service rendered