Which

Q: Which of the following is a human capital resource that Deja could use for her art gallery? А. A…

A: The human capital resource refers to the intangible quality which the individuals possess. This…

Q: Give a well explained answer. What's the benefit of expenditure on R&D in an economy.

A: Research and development, or R&D, is the process of discovering and developing novel ideas,…

Q: State and local spending is primarily spent on the following item(s). education. libraries,…

A: State and local spending refers to expenditure undertaken by the government for the provision of…

Q: Why does agriculture need technological progress?

A: In any economy, primary economic sector is an agriculture sector as it is necessity for an economy.

Q: Who owns and who controls the major factors of production?

A: An economy includes all production of goods and services, all selling and buying and all employment.…

Q: The four factors of production that produce economic activity are ______. a. Corporations, small…

A: Factor of production refers to the inputs needed for the creation of commodity or services

Q: Which of the following is a capital (as opposed to land or labor) resource?        A. A computer…

A: A labor resource is some individual that posses some specialized skills and knowledge necessary for…

Q: Why does the value of output always equal the income received by resources that produced the output?

A: Output – it the total amount of commodities or services produced in a particular time period. It…

Q: What is objective of each of the tenets (responsible factors) in sustainable development ?

A: Sustainable development refers to the development that addresses the issues of the present without…

Q: Name 4 factors that are likely to contribute to an improved rate of production

A: There may be many factors that can help to improve the rate of production.

Q: Why are the elements found in the I=P x A x T important in terms of impacting our environment?…

A: Whilst the equation may appear to be an oversimplification of the numerous issues that face our…

Q: Services are tangible product; activities provided by other people, such as doctors, dentists,…

A: In economics, goods are objects that are obtained at the end of the production process. A producer…

Q: There are different components that make up a society. It includes all the following, except: a.…

A: A society is group of people living together following set of rules or beliefs

Q: Why do you think the various factors of production is an important concept of economic in…

A: Increases in the quality and quantity of the factors of production, which are divided into four…

Q: Define production and What are the factors of production and what are their reward payments?

A: In economics, we answer the three basic questions: what to produce, how to produce, and for whom to…

Q: Describe the five factors of production.

A: Certain inputs are necessary for economic systems to function properly. The factors of production…

Q: What is a ‘final good’? Select one: a. A good not used as an input in the production process b. A…

A: A final good is a commodity which is used or used by the end user. The successful (product) needs no…

Q: Adam Smith did not considered ________ as one of the component of production

A: According to the given question The components of the production in economics can be classified into…

Q: The economic environment refers to: Select one: a. an analysis of how new environmental regulations…

A: Economic environment here is not the literal environment.

Q: Which is not a factor of production?  Money Land Labor Capital

A: The factors of production are factors inputs and resources that are used to create the final…

Q: In 1950, Nicaragua and Brazil had roughly the same size economies. Now, Brazil's economy is almost…

A: A developed economy has better resources in production process. Better technology and skill set…

Q: What are the four basic factors of production? Provide at least one example of each factor of…

A: Production is the process of creating goods and services that satisfy human wants and needs using…

Q: A person who translates business requirements into technical systems requirements is a ___________.

A: The businesses include the various components in an economy wherein the major considerations involve…

Q: A fast-food company spends millions of dollars to develop and promote a new hamburger on its menu…

A: Costs are the expenses that a business or a firm incurs in its production activities. It is an…

Q: Which of the following The labor used to UGGs sold online O Advertisements fo The utility or enjoy

A: Factors of production refer to inputs used in the process of production of output.  There are four…

Q: What is Diversification and why is it important? Write answer in four or more paragraphs

A: Investments are spread among a variety of financial instruments, sectors, and other categories as…

Q: Spending four years in college in order to improve your employment opportunities and obtain a higher…

A: An economy generally produces two types of goods by using the given resources. These goods are…

Q: How many goals for sustainable development (SDGs) are there? Question 8Answer a. 17 b. 15 c.…

A: The Sustainable Development Goals (SDGs) are the bunch of goals adopted by the United Nations in…

Q: What are the economic significance of the stages of production

A: In economics, production is defined as a process of combining various inputs to make goods and…

Q: -low 1 represents

A: The flow chart above is showing the interdependence of sectors in the economy.  It is showing the…