factors of production

2008-08-14 5:17 pm
Nike, the world's leading supplier of athletic shoes and equipment, acquired its close competitor, Umbro. The market of athletic shoes and equipment is now mainly shared by three leading manufactuers namely Nike, Adidas and Puma.


Which type of factors of production does the brand nane NIKE belong to ? Explain yr ans.

回答 (1)

2008-08-14 6:41 pm
✔ 最佳答案
I think Brand name of NIKE is CAPITAL. Capital goods means the goods those are used in the production of other goods. These include machinery, tools and buildings, they are TANGIBLE assets On the contrary, NIKE is an INTANGIBLE asset that if NIKE company loses its band name, it would not be able to produce athletic shoes and equipment with brand - NIKE. Besides, NIKE company can sell its band name to other or hire it out to get the RENT (factor income of capital), thus, it is a capital good.


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