Answer:
Inputs used in the production process of goods and services
Explanation:
These factors of production includes land, labour, capital and entrepreneur.
Land: this refers to all natural factors of production used In the production of goods and services. An example is water
Labour; labour is peoples contribution towards the production of goods and services. An example is a waiter who serves food in a restaurant.
Capital: capital is the tools, equipments used in the production of goods and services. Owners of capitals earn interest. An example is a tractor
The entrepreneur is one who combines all other factors of production for the sake of profit. Example is an innovator like bill gates
Answer:
Decreased; also decreased
Explanation:
The theory of supply and demand explains the relationship between the sellers of a particular goods or services and the buyers. The theory describes what affect the relationship amid the availability of a particular product and the need (or demand) for that product on its price.
According to the law, low supply and high demand increase the price of the goods and vice versa, and when there is a sharp decrease in demand for any product, there will be a decrease in price of that particular product.
Going back to the question we can conclude using this law that there can only be a fall in price of orange juice when there is a decrease in the amount of supply and also a corresponding decrease in the it's level of demand.
C. outsourcing
D. auto production I think.
Answer:
Truman Historical Site."One week later, on August 14, 1945, after the second atomic bomb was dropped on Nagasaki, the Japanese surrendered.
Explanation:
