Which is not an example of capital at a book printing company?
a. the office building where the printing company is located
b. the paper on which books are printed
c. the oil used to heat the factory
d. the men and women who work in the accounting office
Ans: a. the office building where the printing company is located
You might also like to view...
A manager of a small company makes the following statement – "We need to keep hiring additional workers up to the point where the marginal productivity of the last worker we hire is at its maximum
This way we can maximize the total productivity of the firm." Critically evaluate this statement.
Which of the following observations is true?
a. Environmental damage can be reduced to zero. b. Pollution results from a price mechanism malfunction. c. Charging those who emit pollution is not a way of dealing with pollution problems. d. Public interest requires pollution be maintained at its free-market level.