--%>

Capital resources

Select which of the following lists includes only capital resources (and therefore no labor or land resources)? 1) an ice arena; a professional hockey player; hockey uniforms. 2) the owner of a new startup firm; a chemistry lab; a researcher. 3) a hydroelectric dam; water behind the dam; power lines. 4) autos owned by a car rental firm; computers at the car rental agency; the vans that shuffle rental customers to and from the airport.

   Related Questions in Microeconomics

  • Q : Competitive Resource Market Supply

    Can someone please help me in finding out the accurate answer from the following question. As resources should be hired away from other utilizations, the resource supply curves facing a big and expanding competitive industry are usually: (1) U shaped. (2) Horizontal.

  • Q : Illustration of predatory behavior An

    An illustration of predatory behavior would be a firm: (w) building excess capacity to deter entry. (x) lowering price because of production cost decreases. (y) adopting a cost reducing technological innovation. (z) lowering prices to remove excessive

  • Q : Financial Asset of Annual Income

    Perpetuity is a: (w) life insurance policy which matures upon retirement. (x) nondepreciable piece of capital. (y) financial asset which pays its owner an annual income forever. (z) pyramid scheme as a chain letter.

    Q : Change in total revenue by selling

    Marginal revenue, which is: (w) the change in total revenue from selling an additional unit of output. (x) the change in total revenue from hiring an additional unit of labor. (y) computed as TR/Q. (z) specified by change in Q / change in TR.

  • Q : Implication of the law of demand The

    The law of demand implies a relationship which: (i) Apply merely in the market economy. (ii) Needs government enforcement to work. (iii) Is negative among price and quantity demanded. (iv) Applies merely whenever scarcity is cured.

  • Q : Shifts in the Demand Curve What are the

    What are the conditions that shifts the Demand Curve?

  • Q : Condition for deficit in balance of

    What is the condition when there is a deficit in balance of trade? Answer: When import > export

  • Q : Resources flowing toward industries in

    Resources tend to flow toward industries in the long run along with: (w) lower profits for typical firms. (x) more profit for typical firms. (y) lower payments to most resource owners. (z) more stable rates of technological change.

    Q : Inequality in the distribution of income

    Increased inequality within the distribution of income into the United States since around 1975 is least attributable to: (1) baby boomers becoming adults. (2) a shift from manufacturing to service industries. (3) the rising percentage of households h

  • Q : Consuming a grouping of goods problem A

    A household utmost it’s utility by consuming a grouping of goods which exhausts income when, for each and every good, the: (i) Marginal utilities are equivalent. (ii) Prices are equivalent. (iii) Ratios of marginal utility or price are equivalen