College

An editor wants to increase the amount of content published in their magazine. The editor hires four writers and an experienced proofreader. Which resource type is the editor expanding?

A. Capital
B. Entrepreneurship
C. Labor
D. Land

Answer :

Final answer:

The editor is expanding the **labor** resource type by hiring writers and a proofreader. This increase in labor allows for more content to be published, which is essential for the magazine's growth. Understanding resource types is key in business management.


Explanation:

Understanding Resource Types

In the scenario provided, the editor is expanding their magazine's content by hiring additional workers, specifically four writers and a proofreader. This action represents an increase in the **labor** resource type.

Resource types can be categorized into four main types: capital, entrepreneurship, labor, and land. Here’s a brief overview:

  1. Capital: Refers to financial resources or assets used in production.
  2. Entrepreneurship: Involves the skills and risk-taking necessary to start and manage a business.
  3. Labor: Represents the human effort and expertise put into the production of goods and services.
  4. Land: Encompasses the natural resources available for production.

By expanding **labor**, the editor is directly enhancing the ability of the magazine to produce more content, which is a critical component of the production process.


Learn more about resource types here:

https://brainly.com/question/44253365


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