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Yuri [45]
3 years ago
7

As a factor of production, what is capital

Business
1 answer:
Vinil7 [7]3 years ago
4 0

Answer:

Capital is one of the four factors of production. Capital are the machinery, tools and buildings used by people to produce goods and services. The other three factors are land, labor and entrepreneurship.

Explanation:

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what do economies of scale, the ownership of essential raw materials, and patents have in common? they must all be present befor
pantera1 [17]

what do economies of scale, the ownership of essential raw materials, and patents have in common? They are all barriers to entry.

Materials or substances used in the initial stages of producing or manufacturing items are known as raw materials. On commodity exchanges around the world, raw materials are commodities that are purchased and sold. Since raw materials, like labor and capital, are factors of production, traders buy and sell them on the factor market.

Various sorts of raw materials can be employed in a wide range of goods. The inventory or input commodities that a business needs to make its products are known as raw materials. For instance, a car manufacturer would employ steel used in the construction of vehicles as a raw material.

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5 0
2 years ago
Pierre, a cash basis, unmarried taxpayer, had $2,180 of state income tax withheld during
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I would say 2189 as tax refunds ps the question is unfull
7 0
3 years ago
Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of:
kupik [55]

Answer:

Saving plan

Explanation:

The saving plan are the life insurance plans that offers the various opportunity to an individual in order save and accumulated the fund for the upcoming future

Since Troy has $50 a month and the same is transferred electronically from his checking account to his saving account so automatically he saves each month

Therefore the same represent the saving plan

7 0
3 years ago
If the marginal propensity to consume in a municipality is 0.8, what is the value of the simple multiplier? If a new stadium tha
Pachacha [2.7K]

Answer:

(a) 5

(b) $150 million

(c) 45 million

Explanation:

(a) Multiplier = 1 ÷ (1 - MPC )

                     = 1 ÷ (1 - 0.8 )

                     = 1 ÷ 0.2

                     = 5 ⇒ the value of the simple multiplier is 5.

b) If the autonomous expenditure is increased by $30 million then the total output will increase by:

= $30 million × 5

= $150 million

c) If the Marginal propensity to import is 0.3 then the import will increase by:

= 150 × 0.3

= 45 million

6 0
3 years ago
Marian is itemizing deductions on her federal income tax return and had
Keith_Richards [23]

Answer:

B, 580

Explanation:

5 0
3 years ago
Read 2 more answers
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