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Sophie [7]
3 years ago
12

Why are land,capital,labor,and entrepreneurs important for a product?

Social Studies
2 answers:
alukav5142 [94]3 years ago
7 0

Answer:

Land, capital, labor and entrepreneurs are important for a product because they are the factors of production needed to make that product.

Explanation:

Production factors is the economic term for the funds needed to produce goods and services. Production factors are traditionally divided into three main groups: labor, capital and natural resources, and they are joined by entrepreneurs in order to product the goods and services to be commercialized.

Natural resources are used to denote all types of natural resources that exist. Resources are scarce, limited.

Capital is used almost exclusively as a designation of real capital, which can be divided into fixed and variable real capital. Capital is, for example, all buildings and machines built by natural resources.

Human capital or education are the knowledge and skills that can create and drive capital or contribute to production. These conditions illustrate the difficulty of precisely defining each production factor.

horsena [70]3 years ago
6 0

All of these are key factors in order to reach a competitive product. In order for a product to be competitive, it must have an affordable price, be sought on the market, and what is most important to the capitalist, and it generates profit. That is why the workforce is important, which generates surplus value and that is a part that generates profit. Land as well as physical assets are the source of raw materials, and capital allows them to be purchased. By investing in the purchase of resources, investments are made with the desire to increase. Entrepreneurs are here to connect everything so that with optimal investments, they buy resources at a good price, pay workers, not too much, but to be motivated to work. A successful entrepreneur connects all these factors so that the product obtained is just competitive and earns a profit.

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Because Jesse’s teacher believes that he is intelligent, she challenges him with extra assignments and generally encourages his
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Answer:

B). Expectancy effect.

Explanation:

Jesse's enhanced performance is likely due to the expectancy effect which evokes a reaction from him when his teacher expects a given result and thus, Jesse unconsciously affects the results positively. The teacher's belief and confidence instills hope and certainty in him convincingly. This belief eventually encourages him to accept the teacher's challenge and compels him to perform(to maintain the teacher's belief in him) at his best and elicit an unexpected outcome. Thus, the answer is '<u>expectancy effect</u>'.

7 0
4 years ago
Choose all that apply. Select all rights of consumers.
Pachacha [2.7K]

Answer:1. the right to be safe

2. the right to receive compensation

3. the right to choose freely

4. the right to be heard

5. the right to be informed

6. the right to education

7. The right to service

Explanation:

Right to Safety

- The consumer must be protected from good that may pose threats to their life , this means safe medicines, pharmaceuticals, automobiles and foodstuffs. This are vital product in one's life hence they need to go through test to ensure safety

Right to Information

- consumers should be made aware of the quality and quantity of the products , price and other necessary information concerning that product.

Right to Choose

- consumers need to have access to various similar products and make their choice freely

Right to be compensated

- A consumer can file their complaints if they are not happy and they need to be compensated in that regard.

Right to be Heard

- The consumer must be taken serious when they send their issue to court

Right to Consumer Education

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8 0
3 years ago
Two kinds of Power
MaRussiya [10]

Answer:

<u>Expressed:</u> The national government's expressed powers allow it to levy taxes, to coin money, to make war, to raise an army and navy, and to regulate interstate commerce.

<u>Implied:</u> Creating a national bank, drafting soldiers

Explanation:

Implied powers are powers not expressed in the constitution but are necessary and proper in order to carry out the expressed powers given to the government by the constitution.

For example:

To raise an army and navy (<u>expressed power</u>) they need to draft soldiers (<u>implied</u>) to ensure that they have an army large enough to protect us.

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What was George Washington's point of view was in regards to the future of America.
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3 years ago
The nurse therapist is setting goals for a family in therapy. one goal is for the family to adopt a healthy family structure. wh
kati45 [8]
I really don't know what makes you ask that 


8 0
3 years ago
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