The textbook classifies technology as _______ and entrepreneurs as _______ .
A) knowledge; persons who seek profit
B) capital; labor
C) labor skills; capital
D) a factor of production; a factor of production
Correct Answer:
Verified
Q21: Use the following to answer question(s):
Exhibit:
Q22: In drawing a production possibilities curve, it
Q23: Which of the following is not capital?
A)
Q26: Use the following to answer question(s):
Exhibit:
Q27: One of the two criteria for a
Q32: The difference between iron ore deposits and
Q33: Knowledge that can be applied to the
Q36: The production possibilities curve represents the fact
Q37: Technology is:
A) knowledge that can be applied
Q42: Use the following to answer question(s):
Exhibit:
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