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Q: Are input costs that require an outlay of money by the firm?
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The capital is the money. The outlay is what has to be spent. For example: If a person is starting a lemonade business the capital outlay might include the cost of the stand, the gas to the store to buy the lemonade ingredients, the pitcher, the cups. The outlay also includes the permit to be in business.


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Can a homeowner file a claim against the general contractor if he takes more money that the budgeted amount and then abandons the job?

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