Tangible Resources DO NOT Include

question 58

Multiple Choice

Tangible resources DO NOT include

• A) physical resources.
• B) financial resources.
• C) human assets.
• D) technological assets.
• E) organizational resources.

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Definitions:

Monopsonist

A market condition where a single buyer substantially controls the market as the major purchaser of goods and services.

Workers Hired

The number of employees that businesses employ or bring into their workforce.

Marginal Expenditure Curve

A graph showing the additional cost incurred from purchasing an additional unit of a good or service.

Market Supply Curve

The market supply curve graphically represents the relationship between the total quantity of a good that producers are willing to supply and the price of the good.