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QveST [7]
1 year ago
13

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]1 year 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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What seems to be the overall result of government laws on wages?
victus00 [196]
The government laws on wages will safeguard the employees against employers who tend to be paying the least amount they could give. These also enhances the benefits that the employees are getting through pensions, health cards, etc. With the reinforcement of the law, many employees will be given the amount that is due the service that they are providing their employers. 
7 0
3 years ago
What the possible careers in Law​
musickatia [10]

Answer:

Types of Law Careers. Banking and Insurance: Administrative Law Officer, Specialist Law Office. Public Prosecutor. State-Level or Local-Level Judge.

<h3><u>PLEASE</u><u> </u><u>MARK</u><u> ME</u><u> BRAINLIEST</u><u>.</u></h3>
8 0
3 years ago
If a cheese factory was interested in estimating the market potential for a new light cheese and estimated the potential by mult
marysya [2.9K]

Answer:

True

Explanation:

Generally, a chain-ratio method is a method of estimating the total amount of money to be spent on a particular business in order to achieve marketing targets. Based on the forecast of the factory and the decision to venture into the production of a new cheese product, the chain-ratio method is the best method for the estimation.

7 0
3 years ago
Suppose a large country experiences economic growth which results in a reduced willingness to trade. The country’s terms of trad
eimsori [14]

Answer:

The correct answer is letter "B": improve; rise.

Explanation:

Terms of Trade measures the efficiency of a country's trade. It is a ratio which compares the exports of a country with its imports. It is <em>calculated by dividing the export value by the import value, and by multiplying the result by one hundred (100)</em>. A terms of trade figure higher than 100, means a country exporting goods at a higher value than its imports.

<em>Given the case that there is no willingness to trade in an economy after a growth, the most possible scenario to take place is that the trade terms will </em>improve <em>as a result of the decrease in the demand of imports and assuming the level of exports keeps at the constant level that allowed the economic growth or if it even </em>rises<em>.</em>

4 0
3 years ago
Magna Carta was the result of the king's disastrous foreign policy and overzealous financial administration. John had suffered a
Korvikt [17]

Answer:

The correct answer is  A. King John’s poor financial decisions and loss of territory

Explanation:

4 0
3 years ago
Read 2 more answers
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