1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Degger [83]
2 years ago
8

Is/are also called factors of production since they are transformed into output during the production process?

Business
1 answer:
Natali5045456 [20]2 years ago
6 0

Land,  labor, entrepreneurship and capital are called factors of production since they are transformed into output during the production process.

Factors of production are needed for the production of goods or a service.

Land as a factor of production include the every type of land and the various goods received from it such as oil, gold etc. It can be agricultural land to any real estate commercial land.

While defining labor as factor of production we use their potential to work.

Capital includes money used for performing various functions of production. It is the primary driver of the production.

Entrepreneurship is that element which combines all other factors of production to form a single product or service.

To know more about factors of production here:

brainly.com/question/988852

#SPJ4

You might be interested in
Winn Co. enters into a 6-year finance lease for a copy machine with an interest rate of 8% (the present value of its $1,298 annu
Over [174]

Answer:

1298

Explanation:

Reason: Right-of-Use Asset is debited for the present value of the annual lease payment which is $1,298

7 0
3 years ago
The following information pertains to Blue Flower Company. Assume that all balance sheet amounts represent both average and endi
damaskus [11]

Answer:

1) 2.6 times

Explanation:

The Inventory turnover ratio measures the activity of liquidity of a company`s Inventory.

Inventory turnover = Cost of goods sold / Inventory

                               =  $66,000 / $25,000

                               =  2.64 times

3 0
3 years ago
Ethan is engaged in sales __________ , which refers to a series of conversations between buyers and sellers that occur as salesp
djyliett [7]

Answer: Sales dialogue.

Explanation:

Ethan is engaged in sales dialogue with his customers, in which a relationship is built that would enhance sales. Sales dialogue is a highly effective form of communication between marketer and consumer, where the marketer's aim is to build a relationship with the consumer, to make sales easier.

5 0
3 years ago
4. You earn $64,000 per year. The government takes 35% in taxes.
garik1379 [7]

Answer:

Explanation:

35% of $64,000 is $22,400

Yes you can cause if you save 20% of your monthly net pay in 4 months your gonna have $17,920

6 0
3 years ago
A company’s chart of accounts includes, in part, the following account numbers and corresponding account titles: Account No. Acc
Lelechka [254]

Answer:

Account which will appear on Income statement

(9) Sales

(3) Cost of goods sold

(4) Transportation-out

(7) Selling expense

(8) Loss on the sale of land

Explanation:

All the account that appears on the income statement are the temporary account which need to be closed at the end of each period. Their net balance is transferred to an permanent account of balance sheet.

The following account will be appeared in the balance sheet.

(1) Cash

(2) Merchandise inventory

(5) Dividends

(6) Common stock

7 0
3 years ago
Other questions:
  • The economic inefficiency of a monopolist can be measured by the A. area above marginal cost but beneath demand from the monopol
    9·1 answer
  • What are five basic principles found in a free enterprise system?
    6·1 answer
  • Anne mcnair is planning to take a course in business communications. her studies are likely to involve two-way exercises that en
    14·1 answer
  • Fill in the blanks with the word(s) from the drop-down list that would best complete the passage. Free trade has not produced al
    13·1 answer
  • In BCG portfolio analysis, products in low-growth markets that have received heavy investment and now have excess funds availabl
    15·1 answer
  • Brief Exercise 10-2 Your answer is partially correct. Try again. For the quarter ended March 31, 2020, Croix Company accumulates
    15·1 answer
  • Kramer company started its production operations on August 1st. During August, the printing Department completed 17,600 units. T
    10·1 answer
  • Economics
    12·1 answer
  • All of the following are true regarding implied agreements EXCEPT which one?
    12·1 answer
  • Is it considered cheating to use brainly?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!