A general input is a capital good that has
A) many uses
B) no uses
C) only one specific use

Name: A general input is a capital good that has A) many uses B) no uses C) only one specific use
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Question

Quizplus · Accepted Answer

A general input is a capital good that has many uses. It can be applied to various industries and production processes, making it a versatile and valuable asset for businesses. For example, a machine tool can be used to produce a range of products, from car parts to industrial machinery components.

A General Input Is a Capital Good That Has