Identify the type of the resource

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Reference no: EM13219001

Which of the following items is considered as a factor of production and which is considered as a raw material? In case you classify an item as a factor of production, identify the type of the resource (land, labor, capital or entrepreneurship). Further, if an item is considered as a capital, identify whether this item is a human capital or a physical capital:

- A computer used at Al Yamamah University for accounting system
- Non-extracted crude oil
- Asphalt used in road paving
- The minister of Economy and Planning in Saudi Arabia
- A screwdriver among the equipment of a construction firm
- A training course for workers on using a new machine in a factory
- Electricity supplied to run a production line in a food factory
- The no. of hours that an accountant spends on preparing the financial statements of the company where s/he works.

Reference no: EM13219001

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