Asked by Harry Nayan on Jun 03, 2024

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Which of the following might be used to acquire capital?

A) working less
B) consuming more
C) borrowing
D) all the choices

Capital Acquisition

The process of acquiring capital assets, which are resources such as machinery, tools, or buildings, used to produce goods or services.

  • Recognize the elements that affect decisions on investments.
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Zybrea KnightJun 04, 2024
Final Answer :
C
Explanation :
Borrowing is a common way to acquire capital for businesses or individuals. It allows them to access funds that they may not have available at the moment and use that money to invest in their goals or projects. However, borrowing should be done with caution since it also means taking on debt that needs to be repaid with interest. Working less or consuming more will not lead to acquiring capital.