Which of the following is an example of a capital good?
A) A new car sold to a family
B) A metal-stamping machine used to produce cars sold to an automaker
C) A new speaker system sold to an automaker for installation in a car
D) A new mobile phone sold to a teenager
Correct Answer:
Verified
Q25: Which of the following would be classified
Q26: The value added by any firm equals
Q27: A firm's revenue from selling its product
Q28: Capital goods are treated as _ goods
Q29: Goods and services that are consumed by
Q31: Final goods and services are _ production
Q32: If a pizza maker pays $1 for
Q33: Which of the following is an example
Q34: Goods and services that are used up
Q35: Factories and machines are examples of:
A)consumption goods.
B)non-market
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