Which defining word or phrase below BEST captures the meaning of capital items?
A) Bulk loads
B) Directly used in the production process
C) To the consumer within a year
D) Longer lasting
E) Governmental purchase

Question

Quizplus · Accepted Answer

Capital items are items that are longer lasting and are directly used in the production process. They are not for immediate consumption by the consumer, but rather for investment in the production process. Therefore, choice D, longer lasting, best captures the meaning of capital items.

Which Defining Word or Phrase Below BEST Captures the Meaning