Examlex
Which of the following statements is not true?
Property Rights
The legal rights to own, use, and dispose of land, buildings, or goods, protected under law.
Economic Profit
The disparity between a company's complete earnings and its aggregate expenses, covering both direct (explicit) and indirect (implicit) costs.
Human Capital
The collective skills, knowledge, and experiences possessed by an individual or population, viewed in terms of their value to an organization or society.
Physical Capital
Physical capital includes tangible assets such as buildings, machinery, and equipment that are used in the production of goods and services.
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