Question
43/According to the Last Word Labor & Capital . . . answer questions 43 thru 46: Capital can either replace labor or be used
43/According to the Last Word "Labor & Capital . . . " answer questions 43 thru 46:
Capital can either replace labor or be used along with (compliment) labor.
Group of answer choices
True
False
44/Banks currently have been able to reduce the number of employees used as bank tellers with the increased use of automatic teller machines (ATM).
Group of answer choices
True
False
45/Capital is overall a substitute for human labor.
Group of answer choices
True
False
46/A business firm achieves its least-cost combination of resources when the last dollar spent on resources is less than the additional revenue received from the product produced.
Group of answer choices
True
False
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