Answer:
Government resources
Explanation:
Factors of production are also known as inputs in the production process. They four in number and include land, entrepreneurship, capital, and labor.
- Land refers to the <u>natural </u>resources occurring beneath, above, and on earth's surface. They include minerals, fertile agricultural land, water, forests, air, gas, space for building, and many others.
- Capital refers to the resources required to start and run a business. It includes finances, technology, methodology, plants and machinery, among others.
- Labor is the human input in the production process. Human beings contribute skills, knowledge, energy, and time.
- Entrepreneurship is the mobilization and organization of all the other factors(land, capital, and labor) to start and run a successful business.
Use things such as
The bus
Public parks
Public skate parks
Dog parks
Train station
Public hospital etc
Answer:
the answer is option B) Consumption of durable goods is affected by changes in interest rates and, as a result, impacts aggregate demand?
Explanation:
When interest rates increase, people tend to hold off purchases on durable goods and when it reduces, the make bulk purchases. Interest rates, therefore, affect the cost of most durable purchases.
Moreover, because durable goods are long-lived, consumers may time purchases to take advantage of low interest rates.
Examples of durable goods includes automobile, medical equipment, sports equipment, etc.
It is through this sensitivity to interest rates that durable goods purchases may affect cyclical fluctuations in real GDP.
True
The Financial Accounting Standards Board (<em>FASB</em>) is an independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and nonprofit organizations in the United States, following generally accepted accounting principles (<em>GAAP</em>).
Answer:
The answer is marketing intermediary
Explanation:
Jonathan works for a firm that assists companies in promoting, distributing, and selling their products to end consumers. The firm Jonathan works for is a marketing intermediary.
A marketing intermediary links producers to the final consumers. Examples are agents, wholesalers, retailers, distributors etc.
Most producers do not directly sell to their final consumers. These intermediaries help them to achieve their goals