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2 years ago

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

1 answer:

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:

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Multico is a securities dealer whose principal market is with other securities dealers. To take advantage of a perceived opportu

Delvig [45]

Answer:

$50,100

Explanation:

Given that

Acquired value of a financial asset other than principal market = $50,000

Sale value of the identical instrument in principal market = $50,100

Transaction cost = $200

For reporting the fair value, we have to exclude the transaction cost i.e $200 and consider that cost which is to be received while exchanging i.e $50,100

This sale value would be equal to the fair value i.e $50,100 should be reported as a fair value

3 0

3 years ago

A client with newly diagnosed hypertension asks what to do to decrease the risk for related cardiovascular problems. Which risk

MAVERICK [17]

Correct/Complete Question:

A client with newly diagnosed hypertension asks how to decrease the risk for related cardiovascular problems. What risk factor is modifiable by the client?

A. Impaired renal function

B. Dyslipidemia

C. Age

D. Family history

Answer:

B, Dyslipidemia

Explanation:

Dyslipidemia is a condition where there are an large amounts of lipids in the blood. Let's simply call these lipids fat albeit there are different types of lipids.

From the above option, Impaired renal function, age, family history are not modifiable as they are inherent. Only Dyslipidemia is not inherent as it is a function of an individual's lifestyle. To avoid fattening or large amounts of lipids in the blood, eating healthy and exercising can help to keep the amount of lipids in check thus ensuring that an individual doesn't have too much fat in the blood which is a trigger for hypertension.

Cheers.

3 0

2 years ago

Wind damage occurs to your car costing $800 to repair. If you have a $500 deductible for collision and full coverage for compreh

Igoryamba

Answer:

$300

Explanation:

Deductible referred to as the amount paid from one's pocket to join the amount of one's loss, while the insurance company balance up the remaining.

The loss which is $800 is a little bit more than deductibles.

Damage=$800

Deductibles=$500

The damages is just $300 more than deductibles.

As stated in the question there is a collision and comprehensive insurance for the driver , therefore the driver will pay $500 from his own pocket.

THE PORTION OF CLAIM THE INSURANCE COMPANY PAY =($800-$500)=$300

$300 will only be received from the company.

In Higher deductibles the premium insurance is reduced in cost.

In lower deductibles there is higher premium but with the cost from one's pocket is low.

Deductible has influence on

one's claim.

Comprehensive insurance is one of automobile insurance,it covers damages or event that occurs to a car that is out of one's control.It covers for replacement or repairment of one's car if damaged by something or to repair bit, other a collision.

Comprehensive insurance can cover up for

theft ,natural disasters or from fire incident.

5 0

3 years ago

Read 2 more answers

The following information was obtained from MCB Manufacturing, Inc.:Advertising Costs $9,900Indirect Labor 53,000CEO's Salary 6

Eddi Din [679]

Answer:

The MCB Manufacturing's total product costs is $170,560

Explanation:

The computation of the total product cost is shown below:

Total product cost = Indirect Labor + Direct Labor + Indirect Materials Used + Direct Materials Used + Factory Utilities + Factory Janitorial Costs + Manufacturing Equipment Depreciation

= $53,000 + $40,000 + $7,500 + $65,000 + $760 + $1,200 + $3,100

= $170,560

Thus, the product cost is that cost which includes all types of direct and the indirect costs which are used to ready the product.

8 0

3 years ago

Sarah purchased a stock one year ago at a price of $32 a share. In the past year, she has received four quarterly dividends of $

alexdok [17]

Answer:

$6.

Explanation:

Holding stock of a Public company entitles you to a potential return on your investment which can be in the form of Capital Appreciation/Gain, that is buying at low and selling at high, or Dividends received. In the given question, we are not required to calculate total return rather capital gain, simply the difference between purchase price and selling price, so there is no need to account for dividends. The formula for Capital Gain is given below:

Capital Gain / Appreciation = Selling Price - Purchase Price

⇒ Capital Gain = 38 - 32 = $6.

7 0

3 years ago