If one were to consider a university as a business, the computers in the computer labs would be regarded by economists as
A)technology flows.
B)mechanization flows.
C)part of the university's stock of capital.
D)a flow of services from the university's stock of capital.

Question

Quizplus · Accepted Answer

Computers in the computer labs are considered part of the university's stock of capital because they are durable goods owned by the university used in the production of goods and services, in this case, education.

If One Were to Consider a University as a Business