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Author Question: Which of the following is an example of capital? A) A cell phone bought by an individual for her ... (Read 52 times)

jayhills49

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on: Jun 29, 2018
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


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helenmarkerine

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

B

Answer to Question 2

A


jayhills49

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

daiying98

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

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