In economics, the term physical capital
A) refers to funds used by businesses to acquire goods and services.
B) refers to all manufactured resources used for production.
C) refers to the process of raising funds through the stock market.
D) refers to the stock of merchandise already produced.
Answer: B
Economics
You might also like to view...
As output increases, total cost ________, total fixed cost ________, and total variable cost ________
A) increases; increases; increases B) increases; increases; does not change C) increases; does not change; increases D) does not change; increases; increases
Economics
The Sherman Antitrust Act outlawed tying contracts
a. True b. False Indicate whether the statement is true or false
Economics