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Anuta_ua [19.1K]
3 years ago
5

Which statement best explains the role that labor has in the productions of goods and services

Social Studies
1 answer:
Genrish500 [490]3 years ago
7 0
<span>Land, labor, and capital are all resources of production necessary to produce goods and services.</span>
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USPshnik [31]
I believe the answer is: <span>post hoc Fallacy

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nignag [31]

Answer:

It is an example of Stimulus Generalization.

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4 years ago
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kogti [31]

Answer:

Lesser Antilles I think

Explanation:

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6 0
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3 years ago
Price controlsa. always produce a fair outcome.b. always produce an efficient outcome.c. can generate inequities of their own.d.
harkovskaia [24]

Answer:

C). Can generate the inequities of their own.

Explanation:

The price controls are a central element of government's economic intervention policy in which the government sets the legal minimal or maximal limit on the price of specific goods in order to ensure its affordability to consumers.

As per the question, price controls 'can generate inequities of their own in the economy' because the limitation of price to minimum or maximum by the government would create a disbalance between the demand and supply which is the key factor to maintain economic equilibrium. In this situation, either the demand would exceed the supply or the supply would exceed the demand that would promote inequity in the economy. Therefore, <u>option C</u> is the correct answer.

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