Paul Romer argues that "what underlies this process [economic success] ...are instructions,formulas,recipes,and methods of doing things." He is referring to
A) hardware or tangible assets.
B) software or intangible assets.
C) wetware.
D) hardware or human resources.
Correct Answer:
Verified
Q27: Profits will be
A)high,regardless of the degree of
Q28: In a competitive market,a firm has a
Q29: The profit earned by an industry is
Q30: Which of the following is a possible
Q31: Hardware,software,and wetware refer to
A)fixed costs,variable costs,and liabilities.
B)financial
Q33: Which of the following is an important
Q34: Setting up outlet malls in rural highways
Q35: With the creation of value,there is a
A)leftward
Q36: A company can translate its assets into
Q37: Setting up a hub-and-spoke distribution towards inventory
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