Which factor of production includes water?
A) physical capital
B) human capital
C) land
D) entrepreneurship
C
Economics
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An example of moral hazard is
a. workers working diligently even though the boss is not looking b. health care insured workers dieting and exercising c. drivers of safer cars texting on their phones while driving d. borrowers investing their loan proceeds exactly as the bank requires
Economics
The opportunity cost of a decision is the value of all of the available alternatives that were not chosen
a. True b. False Indicate whether the statement is true or false
Economics