An economist would classify 100 shares of Apple Computers as capital.
Correct Answer:
Verified
Q38: Resources are used only in the production
Q43: The assumption of rational self-interest does not
Q57: Considering both product markets and resource markets,
Q61: It is always rational to acquire more
Q118: Labor and capital are exchanged in the
Q121: A rational individual gives more to charity
Q163: Scarcity occurs when the amount people desire
Q164: Economic choice results from scarcity.
Q170: Labor is the physical and mental effort
Q172: Economics is best defined as how people
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents