AnswersSEPHS - SOC240 - Economics FallThe Three Questions of Economics

The Three Questions of Economics Answers

4 verified answers
1
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Which part of Suarez Farms represents the capital invested in the business?

A
fifty acres of farmland on which crops grow
B
farming skills of the Suarez family and hired workers
C
farm equipment the Suarez family owns
D
leadership of the farm’s owners
2
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Which reasons did you include in your response? Check all that apply.

A
providing reliable service
B
keeping prices low
C
making durable phones
D
avoiding unnecessary features
E
meeting strong customer demand
3

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4

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