Question

cam has an idea for a new app that will help people locate lost items. how can she use the factor of capital to help make her idea a reality? multiple choice question. she can identify a new market with a need for the app. she can find existing software to modify in order to build the app. she can hire a developer to create a design for the app.

Answer 1

Cam can make her app a reality by securing the necessary capital to hire a developer, which is essential for creating and launching the product.

Step-by-step explanation:

Cam can use the factor of capital to help make her app idea a reality by hiring a developer to create a design for the app. In the business context, capital refers to the financial resources needed for production, such as funds to pay for the labor, equipment, and technology. As evidenced by California's thriving tech industry, the availability of venture capitalists and investors can be crucial for start-ups to turn innovative ideas into tangible products. By securing capital either from her own funds, a loan, or investors, Cam can invest in the necessary resources to develop her lost item locator app.