Which of the Following Is an Example of Physical Capital

question 96

Multiple Choice

Which of the following is an example of physical capital?

• A)the strength of workers
• B)on the job training
• C)financial assets like cash and bonds
• D)the equipment in a factory

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Definitions:

Marginal Benefit

The boost in satisfaction or utility experienced upon consuming one more unit of a particular good or service.

Hotel Manager

A person responsible for the daily management of a hotel and its staff, focusing on aspects such as operations, financials, and customer service.

Rational Decisionmaker

An individual or entity that makes decisions by systematically evaluating available information and outcomes to choose the best possible option.

Marginal Benefit

The extra pleasure or benefit obtained from using an additional unit of a product or service.