ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Is organisation a part of factors of production?
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- What is capital and enlist the types?arrow_forwardWhat are some factors of production which are important for any firm to produce goods. These factors have their own identities and respective earnings which the firm keeps in consideration while proceeding for the production process.arrow_forwardWhat are the economic significance of the stages of productionarrow_forward
- Which of the following is an example of capital as a factor of production? Group of answer choices Stocks Bonds money Equipment used by businessesarrow_forwardWhich factor is NOT associated with production at a college? Select one: a. the faculty b. classroom buildings c. the computer labs d. electricityarrow_forwardWhich graph depicts a technological breakthrough in the production of Y only?arrow_forward
- Why are socio-economic factors such as consumer's income capacity, occupation, educational level, marginal utility, total utility, and country's economic growth are important in the business?arrow_forwardThe resources used to make all goods and services are the * production possibilities. production trade-offs. opportunity costs. factors of production. What is a factory building an example of? *arrow_forwardNeed answer ASAP... Ismael worked for Abdul until he was able to buy a piece of land where he can develop as agri-tourism farm. The factor of production he uses is _____. a. entrepreneur b. labor c. capital d. landarrow_forward
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