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Scorpion4ik [409]
3 years ago
8

How does the economy use its factors of production (land, labor, capital, and entrepreneurship) to facilitate economic growth?

Business
2 answers:
expeople1 [14]3 years ago
8 0

land

air

building new structures vertically in the air

sand

building new islands at sea

labor

construction workers

building the Burj Khalifa

human capital

engineering skill

building a ski slope in the desert

physical capital

machinery

cranes used for construction

entrepreneurship

leader's action to develop the city

making Dubai into a business and entertainment center for the Middle East

Brums [2.3K]3 years ago
4 0
Here is the answer to the given question above. The factors of production include land, labor,capital and entrepreneurship and these four are considered as the building blocks of the economy. The first factor is land. This is where most of the resources are gathered especially the natural resources in order to produce goods and services. The second is labor. In other words, this is known as the manpower. This is the effort contributed in order to produce goods and services. Third is the capital. The capital includes the machineries and the tools that are used by the people for labor. And fourth is entrepreneurship. The entrepreneur is the person who has the ability to combine the three other factors in order to gain profit. 
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Vocal cues relate to business in a lot of ways because you can 'read' a person or get a better understanding of the topic through body language and how someone speaks. Depending on what you are discussing the vocal cues will very. If an employee is in trouble, a manager may have strong voice tons compared to a promotion. 
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3 years ago
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vladimir1956 [14]

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4 years ago
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14

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3 0
3 years ago
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ElenaW [278]

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Based on the results from the primary data, results or conclusions can be drawn. For example, in the above question, the hotel is distributing questionnaires which is a source of primary data. Based on the results from these questionnaires, conclusions will be drawn and decisions will be made to improve the conference facilities and services.  

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An oligopoly market is a market dominated by a few suppliers. They are found in all countries and in various industries. Some are competitive oligopolistic markets, while others are significantly less competitive, or at least appear to be.

High barriers to entry, pricing power, non-price competition, interdependence of firms, and product differentiation are all hallmarks of an oligopoly.

Learn more about oligopoly at

brainly.com/question/3005866

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7 0
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