Which of the following is an example of capital? A) A cell ...

[jayhills49]

Which of the following is an example of capital?
 
  A) A cell phone bought by an individual for her younger brother
  B) A tractor used by a farmer for plowing his field
  C) A used television set purchased by a family
  D) Alcoholic beverages served at a corporate event

Question 2

In a second-price sealed-bid auction, ________.
 
  A) bidders submit their bids privately
  B) bidders place their bids one after another
  C) bidders know each other's bid
  D) bidders bid above their willingness to pay

[helenmarkerine]

Answer to Question 1

B

Answer to Question 2

A

[jayhills49]

Thanks for the timely response, appreciate it

[mammy1697]

Excellent