Factors of production are usually divided into all of the following categories except
A) labor.
B) capital.
C) interest.
D) natural resources.
C
You might also like to view...
In March 2008, the Fed announced that primary dealers would be eligible to receive discount loans
Indicate whether the statement is true or false
The purpose of an initial public offering is to
A. Borrow funds for investment and growth. B. See if there is a demand for a company's new product. C. Raise funds for investment and growth by selling shares of the company to the public. D. Change the membership of the board of directors.
When marginal product ________ average product, average product must be ________.
A. is less than; increasing B. is greater than; increasing C. is greater than; decreasing D. Any of these is possible.
In the short run where total variable cost is _________ at a(n) _________ rate, marginal cost is positive and decreasing.
A) increasing; increasing B) increasing; decreasing C) decreasing; increasing D) decreasing; decreasing