Social Studies, 26.08.2021 19:10, thebrain1345
A) Which of the following is an example of physical capital that might be used by a business to install and service car tires?(1 point)
tire installation services
tire installation services
the employees who install the tires
the employees who install the tires
hydraulic lifts for cars
hydraulic lifts for cars
new tires
new tires
Question 2
A) A small business has one team that installs new swimming pools and four employees that clean and maintain pools. Which of the following is a service that is provided by this business to its customers?(1 point)
the team that installs the new pools
the team that installs the new pools
the new swimming pools
the new swimming pools
the employees who clean and maintain pools
the employees who clean and maintain pools
pool cleaning
pool cleaning
Question 3
A) A farmer must decide between growing peppers or growing tomatoes. Which trade-off is the farmer considering?(1 point)
the cost of growing peppers, compared to the cost of growing tomatoes
the cost of growing peppers, compared to the cost of growing tomatoes
the combined cost of the choices, compared to the combined potential income of the choices
the combined cost of the choices, compared to the combined potential income of the choices
the profit of growing peppers, compared to the profit of growing tomatoes
the profit of growing peppers, compared to the profit of growing tomatoes
the retail value of peppers, compared to the retail value of tomatoes
the retail value of peppers, compared to the retail value of tomatoes
Question 4
A) A sports collector is considering the purchase of either a hockey jersey or a baseball that was struck for a home run. If the collector chooses to purchase the jersey, what is the opportunity cost?(1 point)
the cost of the ball
the cost of the ball
the net value of the jersey for the collector
the net value of the jersey for the collector
the net value of the ball for the collector
the net value of the ball for the collector
the cost of the jersey
the cost of the jersey
Answers: 2
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