Author Question: Capital is a factor of production. Which of the following is an example of capital? i. 1,000 in ... (Read 108 times)

awywial · **on:** Jun 29, 2018

Capital is a factor of production. Which of the following is an example of capital?

i. 1,000 in money
ii. 100 shares of Microsoft stock
iii. 10,000 in bonds issued by General Motors
iv. a drill press in your local machine shop
A) i and ii
B) ii only
C) iii only
D) iv only
E) ii and iii

Question 2

Refer to Figure 13.1. If the voting method used to select a location for the recreation center is the plurality-rule method, the number of voters who will vote against the winning city is

A) 135.
B) 195.
C) 255.
D) 405.