Multiple Choice
Economists use the term 'capital' to mean
A) the current value of the firm's shares on the stock exchange.
B) the total value of a firm to its shareholders.
C) the process by which inputs are transformed into outputs.
D) all inputs into the production process that have themselves been produced, e.g. factories, machines and tools.
Correct Answer:
Verified
Correct Answer:
Verified
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