Question

One measure of student output is number of completed math problems produced. Using pen and paper only, a student can complete 50 math problems in 2 hours. Using pen, paper, and a calculator, the same student can complete 100 math problems in 2 hours. The scenario illustrates which factor of production.

Answer 1

Physical capital

Step-by-step explanation:

In the given question, it's given that a student can complete 50 math problems in 2 hours using pen and paper only. Using pen, paper, and a calculator, the same student can complete 100 math problems in 2 hours.

Physical capital refers to tangible and man-made objects that a company or a person can use to increase the output.

Here, as the person also uses a calculator in addition to paper and pen in the later case, so he was able to complete 100 math problems in 2 hours.