1) When a firm builds a new factory, this is an example of aninvestment in: a. human...

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1) When a firm builds a new factory, this is an example of aninvestment in:

a. human capital.

b. physical capital.

c. the market.

d. research and development.

2) Which of the following isNOT a factor of production?

a. A toll-bridge across a lake.

b. The money hidden in an old basement.

c. A wrecking ball used to tear down old buildings.

d. The CEO of a large corporation.

Related Book For answer-question

Statistics Learning From Data

ISBN: 9780495553267

1st Edition

Authors: Roxy Peck

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Posted Date: Dec 08, 2022 09:20 AM

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1) When a firm builds a new factory, this is an example of aninvestment in: a. human...

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ANSWER 1 b physical capital Physical capital consists of tangible humanmade objects that a company b... View the full answer

Statistics Learning From Data

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