xChapter 1 Quiz 5 Below is a list of economic goods. Decide whether each is a...

Question

Question

business economics

Answer 1

Answer #1

ANSWER:

1) Consumer good because it will be used for self consumption.

2) Capital good because it is a tangible asset.

3) Consumer good because it will be used for self consumption.

4) Capital good because it is a tangible asset

Answer 2

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