What Are Operational Assets That Have Physical Substance Called

question 27

Multiple Choice

What are operational assets that have physical substance called?

• A) Long-term investments.
• B) Tangible assets.
• C) Intangible assets.
• D) Current assets.

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Definitions:

Principle

A fundamental truth or proposition that serves as the foundation for a system of belief, behavior or reasoning.

Market Outcomes

The results of interactions between buyers and sellers in a market, determining price levels and quantities of goods and services exchanged.

Marginal Cost

The additional outlay required for the production of an extra unit of a product or service.

Automobile

A wheeled motor vehicle used for transportation, typically carrying passengers.