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Bingel [31]
3 years ago
8

Alexandra owns a small landscaping business. She hires a​ part-time employee to handle the bookkeeping activities. Which factor

of production does this employee​ represent?
A.
Physical resources
B.
Capital
C.
Labor
D.
Entrepreneurs
E.
Information resources
Business
2 answers:
vlabodo [156]3 years ago
6 0

Answer:

The correct answer is C, Labor.

Explanation:

In this example the employee represents the Labor factor of production. Labor is the force consist of people who uses the other resources to make the things done. So Alexandra hired a part time employee who handles the book keeping activities of the company, that means he is putting his mental and physical efforts to keep the records. So he falls in the Labor category of the Factors of Production.

Yanka [14]3 years ago
5 0

Answer: C Labor

In economics, labor refers to physical and mental effort by human beings that is required to produce goods and services in an economy.

Labor refers to all workers who offer their services in exchange for money i.e. they work for gain.

Labor also refers to all the people who work, but don't accumulate and provide the resources for starting a business and do not bear the risk associated with the business.

In the question above, Alexandra owns the business and pays the part-time book-keeper for his services. So, the book keeper represents labor.

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Explanation:

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Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign
Alika [10]

Answer:

The statement is true, as it is an example of foreign direct investment.

Explanation:

Foreign direct investment is the direct investment by individuals or legal persons in production or business operations abroad. In this context, investments include both acquisition of foreign operations and expansion of own operations.  

Foreign direct investment does not include the purchase of either shares or bonds per se. More specifically, the IMF has restricted direct investment on acquisitions to cases where the foreign investor owns 10% or more of the shares that give administrative rights in the business. Investment funds that can be classified as foreign direct investments therefore include equity deposits, reinvestments of dividends from the business, as well as the allocation of short-term and long-term loans between parent companies and subsidiaries.  

3 0
3 years ago
The CFO of company ABC wants to give every employee a 3% raise, but would like a report to confirm if this is possible. Write an
katrin [286]

Answer:

For such a report , the sql query required would be:

SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;

Explanation:

For such a report , the sql query required would be:

SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;

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4 0
3 years ago
You are the manager of a firm that produces output in two plants. The demand for your firm's product is P = 78 − 15Q, where Q =
Leona [35]

Answer:

correct option is B. 40.5

Explanation:

given data

P = 78 - 15 Q

Q = Q1 + Q2

MC1 = 3Q1

MC2 = 2Q2

to find out

What price should be charged to maximize profits

solution

we get here first total revenue and marginal revenue that is

total revenue TR = P × Q   .......1

total revenue TR = 78Q - 15Q²

and

marginal revenue MR = \frac{change\ in\ TR}{change\ in\ Q}

marginal revenue MR = 78 - 30Q

now we get here

marginal revenue MR = MC1 = MC2

put here value

78 - 30Q1 - 30Q2 = 3 Q1 or 33 Q1 = 78 - 30Q2   ......................................a

78 - 30 Q1 - 30 Q2 = 2 Q2 or Q2 = 78 - 30Q1/32   ................................b

by equation a and b we get here

33 Q1 = 78 - 30 (78 - \frac{30Q1}{32} )

so here Q1 = 1 and

Q2 = 78 -  \frac{30*1}{32}

Q2 = 1.5

so that Q will be

Q = Q1 + Q2

Q = 1 + 1.5

Q = 2.5

now we get value of P that is

P = 78 - 15 Q

P = 78 - 15 (2.5)  

P = 40.5

so charged to maximize profits is 40.5

so correct option is B. 40.5

5 0
3 years ago
Which of these types of products usually involves the customer doing comparison shopping?
choli [55]

Normally customer does comparison shopping between consumer goods

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