Solved

If It Is Cheaper in the Long Run to Use

Question 196

Multiple Choice

If it is cheaper in the long run to use a new metal plow that lasts a long time than an inferior wooden plow that needs to be replaced often, then this is an example of


A) a capital-using technology.
B) a capital-saving technology.
C) capital consumption.
D) private capital flows.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions