Which of the Following Is the Fundamental Resource That Is

question 31

Multiple Choice

Which of the following is the fundamental resource that is the basis of labor?

• A)Capital
• B)Natural resources
• C)Time
• D)Money
• E)Entrepreneurial ability

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Definitions:

Stock Return

The profit or loss made on an investment in stock, usually expressed as a percentage of the purchase price.

Slope

The measure of the steepness and direction of a line, representing the rate of change of a function.

Simple Regression

A statistical method for quantifying the relationship between a single independent variable and a single dependent variable.

Intercept

In statistics and mathematics, the point at which a line crosses the y-axis in a graph, representing the value of the dependent variable when the independent variable is zero.