Which of the Following Is NOT Considered Capital

question 158

Multiple Choice

Which of the following is NOT considered capital?

• A) An assembly line at a General Motors plant.
• B) A computer used by your instructor for presentations in class.
• C) Stocks and bonds that are sold by Pepsico.
• D) The furniture in the President's office.
• E) A nail gun used for building houses.

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Definitions:

Monopoly

A market structure characterized by a single seller or producer dominating the entire market, with no close substitutes for its product or service.

Marginal Cost

The increased cost associated with making one extra unit of a good or service.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices during a given period.

Monopolist

A single seller in a market who has significant control over the price and supply of a unique product or service.