Answer:
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Locating close to the raw material supplies can reduce where raw materials are heavy and large quantities are used up in production costs. This is particularly true for industries like steel, which uses large quantities of iron ore in the production process.
Answer:
The Answer is Capital.
Explanation:
In Economics, we identify that there are 4 main factors that contribute to the production, we call them "factors of production" and they are,
- Land: Not just "land" but also includes all the natural resources that could be extracted and used for any production purposes.
- Labor: Mental and physical efforts carried out by humans in the production process.
- Capital: Assets or anything that can enhance/boost the ability to produce. Usually, these are generated or created as a result of human interventions and efforts.
- Entrepreneurship: the set of skills required to coordinate and manage the process of production successfully.
So, under which category of factors that the computers fall under? Simple right? Its 3.Capital! because they are assets that are created by humans to aid in enhancing the production capabilities!
Formal communication ensures a proper channel of information flow between the superior and their corresponding subordinates. This results in a clear establishment of line of authority and workflow. Making responsibilities clear for subordinates is very efficient in this form of communication.
Answer:
precautionary and speculative
Explanation:
Aggregating the transactional, precautionary and speculative demand for money,
we get the total demand for money. This is sometimes known as the liquidity preference curve, and is inversely related to the rate of interest.
Total demand for money=Transactions demand+precautionary and speculative demand for the money
Therefore, the answer to the question is precautionary and speculative
