will require a less costly investment in
labor
will require less capital in the long
term
will probably require upgraded
equipment and greater capital over the next five years.

Respuesta :

Answer:

The Shoe Hut

The Shoe Hut

Star's Coffee and Coffee

Step-by-step explanation:

The Shoe Hut will require a less costly investment in labor.

The Shoe Hut will require less capital in the long term.

Star's Coffee and Coffee will probably require upgraded equipment and greater capital over the next five years.

Why is labor so valuable?

Employers demand labor because workers are an important part of the production process. Workers use tools and equipment to turn inputs into output. Without workers, employers couldn't produce goods and services and earn profits.

What does labor mean in economics?

Labour is a measure of the work done by human beings. It is conventionally contrasted with other factors of production, such as land and capital. Some theories focus on human capital, or entrepreneurship, (which refers to the skills that workers possess and not necessarily the actual work that they produce).

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