As part of his high school entrepreneur team, Nathan has been asked to research capital factors of production for their proposed business. Which of the following will Nathan NOT include in his research?
A) machines
B) tools
C) money
D) technology
E) buildings
Answer: C
Explanation: C) Capital factors of production do not include money.
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a. consequences b. states of nature c. payoffs d. decision alternatives
The process of determining the relative worth of various jobs in a firm is called
A. job evaluation. B. wage structure. C. job analysis. D. job specification. E. a benefits plan.
Business rules overshadow other issues such as ________ issues
A) design B) analyses C) vendor D) all of the above
The variance of a portfolio of two investments will be equal to the sum of the variances of the two investments plus twice the covariance between the investments
Indicate whether the statement is true or false