Question

ity of a good that suppliers are willing and able to: mpetition is reduced. chedule shows the specific que market when competition is The spy schedule she to the definition of capital? demand at Warious prices hal hack from the marker provide at different prices d police at various costs. * Which of the following is closest to th 2 cande ent, means of transportation candd Taos equipment, means Factories and machinery. & Bomowed money. of he classified as a capital resource? 37 Which of the following would not be clase: A Macintosh computer. a A Caterpillar bulldozer The Empire State Building. d 100 shares of stock in General Motors. have difficulties achieving economic growth because: 38. People in poor countries may have difficulties achi 2 they have a solid consumption base already in place. b their resource bases are fully developed. they must cut back on current consumption to increase capital goods. d the law of increasing costs makes it hard to produce more goods. ther production possibilities curves slope upward instead of downward. s production of a good increases, opportunity costs rise because: 2. there will be more inefficiency. bol inflationary pressures. 6. Workers are not equally suited to all tasks. ople always prefer having more goods.

Answer 1

Question 35

Correct option is C.

Question 36

Correct option is B. i.e, the definition of capital is related with capital assets, various costs and production equipment's.

Question 37

100 shares of stock in General motors is the correct option. Because capital resources are the man made tools, machines or locations used for the purpose of production.

Question 38

Correct option is C

Question 39

Correct option is C