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Burka [1]
2 years ago
14

What do economists call the process of transforming inputs, or resources, into marketable outputs?

Business
1 answer:
klasskru [66]2 years ago
3 0

Production is the process of converting the inputs, or resources, into marketable outputs, as defined by economists. An economist studies how a society's resources and its output or production are related.

The Economists research a variety of social systems, including local communities, entire countries, and even the global economy. An economist is a specialist who investigates the connection between a society's resources and its output.

A wide range economic policies, including interest rates, tax laws, output, the employment programs, the international trade agreements, and company strategy, are shaped in part by the professional judgement and research findings of the economists.

To learn more about economists, click here.

brainly.com/question/14299791

#SPJ4

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which of the following is most likely to cause a decrease in equilibrium price and an increase in equilibrium quantity in the ma
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The availability of the electronics
4 0
3 years ago
One difference between services in the production of goods is that the services are consumed blank where as good as can be blank
Blizzard [7]

One difference between services in the production of goods is that the services are <u>consumed by the consumer instantly </u> where as good as can be<u> stored  by the consumer </u>

Explanation:

Goods and services are two important types of purchases that people make.

A good is termed as  tangible or physical product that people can  buy, tangible meaning something you can touch,and store for later use

A service is said to be  intangible, which can't be physically touched or stored.You can only pay for a service

The term Perishability means that services cannot be stored for later sale or use. In other words, services cannot be inventoried. This is one of the most significant characteristics of services, and it has a major impact on financial results of a company

One difference between services in the production of goods is that the services are <u>consumed by the consumer instantly </u> where as good as can be<u> stored  by the consumer </u>

8 0
3 years ago
Dividing work among employees and applying motivational theories to increase employee satisfaction are the two components of job
GarryVolchara [31]

Job design involves dividing work among employees and applying motivational theories to increase employee satisfaction.

<h3>What is job design?</h3>

Job design is the act of setting employees' roles and responsibilities and procedures that employee should follow.

The main purpose of job design is to optimise work processes.

Learn more about job design at;

brainly.com/question/14689930

7 0
2 years ago
Two or more organizations that join forces in order to achieve advantages that neither can perform as well alone are known as __
SpyIntel [72]

Answer:

correct answer is Strategic allies

Explanation:

Strategic allies is a arrangement between 2 or more than 2 organization for undertaking mutual beneficial projects even both retain their independence.

as they have less complex than a joint venture  

and for improving their product and development competitor in the market , they can enter into a strategic alliance

so as that both organizations can work on common coal with benefit

so correct answer is Strategic allies  

5 0
3 years ago
There is a great deal of behavior that falls into a gray zone that can be difficult to analyze, however outright bribery is clea
nadya68 [22]

C. Unethical and Illegal

Bribery is offering something such as money or power to do something unethical.

8 0
4 years ago
Read 2 more answers
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