3 years ago

"The more of one item that is produced, less of something else will be produced". What term describes this economic condition

1 answer:

6 0

The correct answer is capital

In the area of the economy, capital is one of the productive factors (as well as labor and land). In general, the term is used to designate an amount of money that can be borrowed or invested: “I have a capital of 10,000 dollars to invest in shares of the Sonae group”, “At the moment, the company's capital is limited to 50,000 euros , Nothing else".

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