The plow a farmer uses to plant crops is an example of which factor of production? capital labor land services

Question

asked Sep 15, 2021 199k views

2 Answers

Wenjun · Answer 1 · 2021-09-22T15:28:31+0000

Answer:

Capital

Step-by-step explanation:

Since the plow facilitates the production processes for the farmer, it is considered capital.

Also, the plow was bought with the money that the farmer made.

So, the plow is an example of capital.