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Author Question: A certificate of ownership and claim to part of a firm's profits is called A) depreciation. B) a ... (Read 125 times)

Zulu123

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on: Jun 29, 2018
A certificate of ownership and claim to part of a firm's profits is called
 
  A) depreciation.
  B) a stock.
  C) physical capital.
  D) a bond.
  E) a certificate of deposit.

Question 2

Huey and Steve can grow potatoes or tomatoes. The table above shows the pounds of potatoes and tomatoes Huey and Steve can grow in a week. Based on the table, which of the following statements is correct?
 
  A) Steve has a comparative advantage in both potatoes and tomatoes.
  B) Huey has an absolute advantage in potatoes only.
  C) Steve has an absolute advantage in both potatoes and tomatoes.
  D) Huey has an absolute advantage in both potatoes and tomatoes.
  E) Steve has an absolute advantage in potatoes only.


poopface

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

B

Answer to Question 2

D


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