In the context of factors of production, the term capital means the money businesses use to finance their
operations

a. True
b. False
Indicate whether the statement is true or false

False

Business

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Cultures do not transcend national (state) boundaries

Indicate whether the statement is true or false

Business

What is the formula for calculating profit?

A) revenue minus loss B) revenue plus costs C) expenses minus revenue D) revenue minus expenses E) expenses plus revenue

Business