The Concept of Marginal Productivity Is Applicable to

question 53

Multiple Choice

The concept of marginal productivity is applicable to

• A)all of the following
• B)capital
• C)entrepreneurial talent
• D)land
• E)labor

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Definitions:

Horizontal Acquisition

A business strategy where a company acquires another in the same industry and at the same level of the supply chain.

Automaker

A company that manufactures and sells vehicles, including cars, trucks, and motorcycles.

Acquires

Obtains ownership or control of another company or asset through purchase or merger.

Split-Up

The splitting up of a company into two or more companies.