Which of the Following Statements About Inputs Is Correct

question 113

Multiple Choice

Which of the following statements about inputs is correct?

• A)A forest is an example of a natural resource;it is also an example of a renewable resource.
• B)There is no distinction between human capital and technological knowledge.
• C)Human capital is a non-produced factor of production.
• D)Physical capital is a non-produced factor of production.

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Definitions:

Antitrust Complaints

Allegations made against entities suspected of engaging in anti-competitive practices that violate antitrust laws designed to promote fair competition.

International Business

Commercial activities that occur across national borders, including trade, investment, and operational activities.

Tying Agreement

A practice where the seller of a product or service requires the buyer to also purchase another product or service.

Anticompetitive Effect

A situation or action that harms competition in a market, often by creating barriers to entry or monopolizing a sector.