All of the Following Are Examples of Capital Except

question 12

Multiple Choice

All of the following are examples of capital except:

• A) the robot used to help produce your car.
• B) a computer used by your lecturer to write this exam.
• C) the factory that produces the costume jewellery you buy.
• D) the inventory of unsold goods at your local hardware store.
• E) an uncut diamond that you discover in your backyard.

---

Definitions:

Opportunity Cost

The cost of foregoing the next best alternative when making a decision.

Total Expected Cost

A projection of the total costs associated with a project or business activity, including both fixed and variable costs.

Variable Costs

Costs that vary depending on the amount of production or business operations.

Lease Cost

The expense incurred from leasing equipment or property, typically categorized as an operating expense in financial statements.