Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 24 - International Trade - Discussion Questions - Page 556: 2

Answer

Land, labor, and capital

Work Step by Step

In order to make a business, you need somewhere to do it (land), someone to do the work (labor), and money to invest in the business (capital).
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.