Olivia owns and manages an accounting firm. In Olivia's business, an example of physical capital would be a) a computer. b) the number of employees she hires. Oc) the land on which the office building sits. O d) her accounting degree. O e) her understanding of tax return preparation.

Olivia owns and manages an accounting firm. In Olivia's business, an example of physical capital would be a) a computer. b) the number of employees she hires. Oc) the land on which the office building sits. O d) her accounting degree. O e) her understanding of tax return preparation.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Olivia owns and manages an accounting firm. In Olivia's business, an example of
physical capital would be
a) a computer.
b) the number of employees she hires.
Oc) the land on which the office building sits.
O d) her accounting degree.
O e) her understanding of tax return preparation.

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