Natural gas found in Oklahoma is an example of

A. physical capital.
B. human capital.
C. labor.
D. land.


Answer: D

Economics

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A ten percent increase in total factor productivity A will increase ________

A) the marginal product of capital (MPK) by ten percent B) the marginal product of labor (MPL) by ten percent C) output by ten percent D) all of the above E) none of the above

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The mutually understood customs the two parties involved in a transaction follow from experience are known as _____

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