Some of the characteristics are:
1. Labour is original and indispensable factor of production
2. Labour is an active factor of production
3. Labour is perishable than any other commodity 4. Labour cannot be separated from the labourer and Others.
Characteristics
1. Labour is original and indispensable factor of production:
Labour is original and indispensable factor of production without it the work of production is not possible.
2. Labour is an active factor of production:
Land and capital are considered as the passive factor of production, because they alone cannot start the production process. Production from land and capital starts only when a man makes efforts. Production begins with the active participation of man
3. Labour is perishable than any other commodity:
Labour is more perishable than other factors of production. It means Labour cannot be stored. The Labour of an unemployed worker is lost forever for that day when he does not work.
4. Labour cannot be separated from the labourer:
Land and capital can be separated from their owner, but Labour cannot be separated from a labourer. Labour and labourer are indispensable for each other. For example—It is not possible to bring the ability of a teacher to teach in the school, leaving the teacher at home. The labour of a teacher can work only if he himself is present in the class.
Explanation:
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Answer:
C) 9.50%
Explanation:
Given that
The sale price of a share = $65
Purchase price of share = $60
And, the dividend received = $0.70
So, The formula and the computation of the return on investment is shown below:
Return on investment = (Sale price of a share - purchase price of share + dividend received) ÷ (Investment price) × 100
= ($65 - $60 + $0.70) ÷ ($60) × 100
= ($5.70) ÷ ($60) × 100
= 9.50%
Answer:
interest generated in a business
Answer:
Secondary school is from grades 7-12 (middle school except for 6th grade and then all of high school)
So it falls between primary school and college
Answer: (B) Operational accountability
Explanation: Government-wide financial statements report all financial transactions for the government over the year and usually includes a Statement of Net Position and a Statement of Activities, the sense is report on the government as a whole, These statements are generally used for state and local governments, balances are included too but not necessary.