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Author Question: Which of the following correctly identifies a difference between land and capital? A) Land can be ... (Read 30 times)

casperchen82

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on: Jun 29, 2018
Which of the following correctly identifies a difference between land and capital?
 
  A) Land can be owned or rented by a firm, whereas capital cannot be owned.
  B) Capital can be owned or rented by a firm, whereas land cannot be owned.
  C) Land is created, whereas capital is a naturally occurring resource.
  D) Capital is created, whereas land is a naturally occurring resource.

Question 2

The figure above shows that as a result of the tariff, the quantity of T-shirts produced in the United States ________, and the quantity of T-shirts imported ________.
 
  A) increases by 15 million per year; decreases by 30 million per year
  B) increases by 15 million per year; increases by 15 million per year
  C) decreases by 15 million per year; decreases by 30 million per year
  D) decreases by 30 million per year; increases by 30 million per year
  E) does not change; decreases by 15 million per year


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mcinincha279

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


casperchen82

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Mochi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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