Tangible Resources Do Not Include ________

question 105

Multiple Choice

Tangible resources do not include ________.

• A) patents
• B) unskilled labor
• C) standard inventory components
• D) debt financing

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Definitions:

Profitability

The degree to which a business or activity yields profit or financial gain.

Marginal Benefit

The additional satisfaction or utility that a person receives from consuming one more unit of a good or service.

Marginal Social Cost

The additional cost to society of producing one extra unit of a good or service.

Garbage Disposal

A device installed under a kitchen sink that shreds food waste into small pieces to pass through plumbing.