Questions LLC
Login
or
Sign Up
Ask a New Question
Economics
Goods
Capital goods
State whether is true or false. Capital goods are used in the production of other goods
1 answer
True. Capital goods are durable goods that are used in the production of other goods and services. They include machinery, equipment, tools, buildings, vehicles, and technology infrastructure.
You can
ask a new question
or
answer this question
.
Related Questions
This diagram illustrates how the development of mass production techniques affected the US economy in the1920s
the volume of
Which of the following statements about consumer goods is correct?
A. Consumer goods must not be free-of-charge. B. Consumer
The War of 1812 led to the Industrial Revolution because
True False Factories were established in New England states true false
2. Assume that a certain simplified economy produces only two goods, X and Y, with
given resources and technology. The following
Which of the following are the basic economic questions? Select all that apply.
(2 points) Where should goods be produced? Where
Which factor of production refers to the goods and services used to create other goods and services?(1 point)
Responses physical
Which factor of production refers to the goods and services used to create other goods and services?(1 point) Responses
Which factor of production refers to the goods and services used to create other goods and
services? (1 point) economic capital
Which factor of production refers to the goods and services used to create other goods and services?(1 point) Responses
Which factor of production refers to the goods and services used to create other goods and services?(1 point) Responses