Maria opens a cupcake business. Upon doing so she has to hire employees, buy an industrial oven, and buy ingredients such as sug

Question

3 years ago

11

Maria opens a cupcake business. Upon doing so she has to hire employees, buy an industrial oven, and buy ingredients such as sug

ar and flour. Which factor of production does Maria represent?
Capital

Entrepreneurship

Labor / Human Resources

Land / Natural Resources

History

2 answers:

Ugo [173] · Answer 1 · 2021-11-09T15:07:25+03:00

Answer:

Maria has already opened the business, she has moved past the seed and development stage and has moved into the startup phase. This of course can share elements with the growth and development phase, but given that she is initiating hiring employees and the question does not mention expansion, she is in the startup phase.

Explanation:

Please Brainliest

svlad2 [7] · Answer 2 · 2021-11-09T16:51:16+03:00

The correct answer is: "Entrepeneurship"

Entrepeneurship is the fourth factor of production involved in the economic activity that transforms raw materials into final products to satisfy the needs of consumers. Its function consists on coordinating and organizing the other three factors of production: land, labor and capital (both physical and human capital).