An economist would classify 100 shares of Apple Computer stock as capital.
Correct Answer:
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Q20: Economics
A)studies human behavior when scarcity exists and
Q21: In economics, "capital" refers to
A)money
B)stocks, bonds, and
Q22: An entrepreneur is a(n)
A)individual who has much
Q23: An entrepreneur
A)always makes a profit
B)generally avoids risky
Q24: Which of the following is an example
Q26: Resources are divided into the following broad
Q27: If a business produces and sells only
Q28: The resource identified as land would include
A)the
Q29: Natural resources are
A)not considered scarce because no
Q30: A resource is something that
A)is used to
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