Answer:
the marginal productivity theory.
Explanation:
In a perfectly competitive market, each factor of production is paid a payment equal to its marginal productivity. The price of the factors is not determined by the company, instead it is determined by the industry as a whole.
For example, if an extra unit of labor is able to produce $15 worth of output, then the payment for the unit of labor should be $15.
Answer: Cooperative
Explanation:
A cooperative is an independent association of people united voluntarily in order to meet their common economic, cultural and social needs and through a jointly owned enterprise.
A cooperative society is a group of people who possess specific common needs. The purpose of a cooperative society is to improve the economic status of its members. Cooperative societies usually offer their products to their members at a discount.
Answer:
The correct answer is (C) lines of credit accessible with credit cards.
Explanation:
It is important to recognize that demand deposits are not automatically part of the money supply by virtue of their own existence; they continue to be equivalent to money as long as the subjective estimates of the sellers of goods in the market think they are so equivalent and accept them as such in return.
All economists, of course, include standard money in their money supply concept. The rationale for including demand deposits is that people believe that these deposits can be exchanged in standard sight money, and therefore treat them as equivalent, accepting the payment of demand deposits as a substitute for payment. cash. But if demand deposits must be included in the money supply for this reason, it follows that any other entity that follows the same rules must also be included in the money supply.
Answer:
i think it is the 3rd one I'm not sure but I need help on one of mine and it would be really good if you can help me I will appreciateit
Answer:
B) produce more output with the same inputs.
Explanation:
Hicks-neutral technical is a theory by
John Hicks and can be explained as a change in the function of the production of a particular business with respect to the neatral condition of economic system at that period. It should be noted that Neutral technical progress allows a firm to produce more output with the same inputs.