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

User Microwth
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2 Answers

4 votes

Answer: capital

Explanation: just took the test got 90% correct :D

User Halest
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6 votes

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.

User Wenjun
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