This purchase best represent land, as the factors of production
Land as a factor of production has a broad meaning and can take difference forms, from agricultural land to real estate to the available resources from a certain pieces of land.
<h2>Further Explanation</h2>
Land represents all natural resources available to create supply. Land includes raw property and anything that emanates from the ground. It can be a non-renewable or renewable resource. Non-renewable resources include commodities such as gold and oil and renewable resources such as timer.
All this becomes capital goods when it is changed from its original condition. For example, farm land is considered to be natural resources, but a mall or shopping center built on it is a capital good. Also the cultivation of crops on land improves its utility and value. In short, the primary purpose of land is to generate economic value.
Although, land as factor of production, is very essential part of many ventures. Its value can increase or diminish depending on the industry. For example, the most important investment in real estate business is land but land might not be an important investment in a technology company
The three other factors of production are labor, entrepreneurship and capital. These factors are needed mainly for supply. They are responsible for the production of goods and services in any economy.
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KEYWORDS:
- land
- capital labor
- value
- agricultural land
- goods and services
The answer is atmosphere. In atmosphere air is fluid like
the hydrosphere and which can then go around with heat energy across great
distances (latitudes) Heat can be transferred between air and water easily. Atmosphere Definition is vertical extension
10,000km (50% mass < 6km; 48% mass < 26km). Composition of atmosphere are N, O, Ar,
variable gases (water vapor, carbon dioxide, ozone.
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Answer:
Use the map to answer the question. On a world map, countries with Proctor and Gamble facilities are shaded green. The largest sections of green on the map include North America, Australia, most of South America, most of Western Europe, several countries in Asia, and a few countries in Africa. Which of the following is a conclusion about this corporation that can be drawn from this map? A. This corporation promotes hierarchical diffusion from the United Kingdom, the United States, and China. B. This corporation relies on stimulus diffusion to expand its influence and profitability. C. This corporation’s resource acquisition is centered in North America. D. This corporation’s manufacturing operations affect all regions.
Explanation:
