Which One of the Following Is an Example of Capital

question 152

Multiple Choice

Which one of the following is an example of capital?

• A)money
• B)a carpenter
• C)pasture
• D)a bread-slicing machine
• E)a university professor

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Definitions:

Comparative Advantage

The capability of a person or group to perform a specific economic task with greater efficiency than another.

Microchips

Small electronic components that contain the computing and logic functions of a device or product.

Tires

Rubber coverings placed around the rims of wheels of vehicles and bicycles to provide traction and absorb shocks, essential for the vehicle's performance and safety.

Trade

The act of buying, selling, or exchanging goods and services between people or entities within or across borders.