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2 years ago

What are the three factors of producrion and what role does each factor play in the production of goods and services

Business

1 answer:

Delvig [45]2 years ago

8 0

Answer:

The productive factors are commonly classified into three groups: land, labour, and capital. The first represents resources whose supply is low in relation to demand and cannot be increased as the result of production. The income derived from the ownership of this factor is known as economic rent.

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Mcgraw hill education physical science vocabulary list 8th grade

Pani-rosa [81]

Um.. is that a question or just telling us?...

3 0

3 years ago

Immediately after a hurricane, it is likely that the quantity demanded for tree cutting/removal services will ______ the quantit

kotykmax [81]

Answer:

Immediately after a hurricane, it is likely that the quantity demanded for tree cutting/removal services will "Remain" the quantity supplied, causing the price of tree cutting/removal services to ''Rise''

Explanation:

3 0

3 years ago

An annual reporting period consisting of any twelve consecutive months is known as:________.1. Calendar year2. Natural business

11111nata11111 [884]

Answer:

4. Fiscal year

Explanation:

Reporting period refers to the period or time covered by a set of financial statements. It is the accounting period in which a given financial report will be covered. It may either be monthly, quarterly or yearly depending on organization's choice.

Now, fiscal year is an accounting period or reporting period that consist of 12 month used for accounting purposes. It is a yearly reporting period made up of 12 consecutive months. It may or may not correspond to the normal calendar year depending on the organization's choice or decision.

3 0

3 years ago

Despite facing a struggling economy, abc company offers its employees yoga and healthy cooking classes at lunch and after work.

Blababa [14]

The company is attempting to prove its employees a stress free environment in which they gave them yoga classes and cooking class to lessen the stress that they could acquire from the company because of working. This will allow them to be motivated or to change their moods, and elightens them in doing their job in the company despite of its hard or struggling status.

4 0

3 years ago

Palepu Company owns and operates a delivery van that originally cost $38,080. Straight-line depreciation on the van has been rec

Readme [11.4K]

Answer and Explanation:

The computation is shown below;

But before that the depreciation expense per year is

Depreciation per year = (Cost - Residual value) ÷ Useful life

= ($38,080 - $2,800) ÷ 6 years

= $5,880

1.Net book value as on disposal date is

= $38,080 - ($5,880 × 3)

= $20,440

We know that

Gain on sales = (Sales - Book value)

Gain = $(20,400 - 20,400) = 0

a. Loss = $13,000 - $20,440 = -$7,440

b. Loss = $10,000 - $20,440 = -$10,440

4 0

2 years ago