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    Principles of Microeconomics Study Set 4
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    Exam 2: Confronting Scarcity: Choices in Production
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    Any Factor of Production Is Capital If It
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Any Factor of Production Is Capital If It

Question 106

Question 106

Multiple Choice

Any factor of production is capital if it:


A) was produced and can be used to produce other goods and services.
B) generates utility.
C) uses human effort to produce goods and services.
D) is included in financial capital.

Correct Answer:

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