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notka56 [123]
3 years ago
9

What are the three types of economic resources? Give an example of each type of resource.

Business
2 answers:
fiasKO [112]3 years ago
8 0

"The three types of economic resources are also referred to as factors of production. Land (including all natural resources), Labor (including all human resources), Capital (including all man-made resources), and when you combine all of those you get production. "


BartSMP [9]3 years ago
8 0

The three types of economic resources and they are land, labor, and capital. Labor is what comes when humans work and produce items for their job. They are putting in labor hours to complete a task and getting compensated for it. Land is defined as natural resources. These resources are items that are just "there" for us to use, not man-made. The final is capital, capital are all items that are man-made resources. These items are a combination of other items to make a final good.

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Which of the following cannot be shown on a production possibilities graph?
choli [55]
I believe the answer is: <span>the allocation method

production possibilities graph could only include the factors that can be projected after doing combination of various products' production.
Allocation method only play role in the technique that can be used to produce the products and cannot be considered as data projection from the production

</span>
5 0
3 years ago
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shtirl [24]

Answer: Decrease, Increase, Price flexibility.

Explanation: According to classical economics, a decrease in aggregate demand causes the price level to DECREASE in the long run. On the other hand, an increase in aggregate demand causes the price level to INCREASE in the long run. These changes occur because of PRICE FLEXIBILITY.

In a flexible market the forces of demand and supply determines the prices of commodities in the market.

As the demand Falls the prices also fall as the demand rises the prices of commodities also rises.

3 0
2 years ago
The key factor distinguishing retailers from other members of the supply chain is that.
Airida [17]

The key factor distinguishing retailers from other members of the supply chain is that they sell to customers for their personal use.

<h3>What do you mean by customers?</h3>
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  • This definition applies to sales, business, and economics.
  • Customers who frequently purchase from a business establish conventions that enable regular, sustained trade, which enables the business to create statistical models to improve production procedures (which alter the nature or form of goods or services) and supply chains (which changes the location or formalizes the changes of ownership or entitlement transactions).
<h3>What types of customers are there?</h3>
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brainly.com/question/13472502

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3 0
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What is the effect on total assets and​ stockholders' equity of paying the telephone bill as soon as it is received each​ month?
Archy [21]

Answer:

Option C) Decrease in Total Assets , and No Effect on Equity

Explanation:

Telephone bill it's a Current Liability , if you decide to pay it as soon as you receive it you have to use Cash which is part of your Current Asset, so the impact it's a decreased in your Current Assets through the Cash component.

This movement has no impact in the Sotckholder Equity.

6 0
3 years ago
​fay is mentally incompetent but has not been so adjudged by a court. any contract fay enters into is ​voidable if fay has a luc
Sindrei [870]
Any contract Fay enters into is "voidable if the other party does not realize that Fay is incompetent".

Business contract law holds that people that have been proclaimed mentally uncouth in a courtroom may discover an agreement they go into announced void, voidable, or enforceable. The guardian is the main individual who can go into an agreement for the incompetent individual's behalf.
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