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Home > categories > Machinery & Equipment > Other Construction Machinery > Factories and machinery are factors of production known as capital resources.?

Question:

Factories and machinery are factors of production known as capital resources.?

A. TrueB. False

Answer:

True. Capital resources are the tangible assets of a company

A they are known as capital resources because they can be used to generate more wealth and they last for a long time.

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