An example of a capital good is

A) a fiber optic cable TV system.
B) an insurance policy.
C) a haircut.
D) an iPod.
E) a slice of pizza.

A

Economics

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Explain the difference between Microeconomics and Macroeconomics

What will be an ideal response?

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Break-even quantity is a point where

a. the level of profit is maximized b. the level of cost is minimized c. Only variable costs are covered d. There are zero profits

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