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Author Question: Which of the following investments can be classified as specific assets? a. Opening a restaurant in ... (Read 19 times)

bobthebuilder

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on: Jun 30, 2018
Which of the following investments can be classified as specific assets?
 a. Opening a restaurant in the business district of a city.
  b. Purchase of additional cotton bales expecting a rise in demand for cotton garments.
  c. Leasing out land in a tourist spot to build a retail outlet.
  d. Purchasing specialized equipment for a hydro-electric power project that will not produce electricity at a different location.

Question 2

Trade between countries is only based on absolute advantage.
  Indicate whether the statement is true or false


kardosa007

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

False


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