________________ Is Hard to Structure,hard to Transfer,and Highly Personal to the Source

question 27

Multiple Choice

________________ is hard to structure,hard to transfer,and highly personal to the source.

• A) Data
• B) Tacit knowledge
• C) Implicit knowledge
• D) Explicit knowledge
• E) Information

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Definitions:

Budget Line

A diagram that represents all possible pairs of two commodities that can be acquired with a given budget and product prices.

Incomes

The money received by individuals or groups for work, from investments, or from transfers like pensions or gifts.

Land Resources

Natural resources encompassing the various features and benefits of land, including soil, minerals, flora, and ecological support.

Capital Resources

Assets such as buildings, machinery, and equipment used to produce goods and services.