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3 years ago

This is the forces that combine to make the production of products and services possible.

Business

1 answer:

Hatshy [7]3 years ago

8 0

"Factor of Production" is the force that combine to make the production of products and services possible.

Explanation:

Factor of production involves land, labor, capital, and entrepreneurship.

Land:

The important factor is that it creates major revenue through oil, gases and other possible resources which can be obtained from the land.

Labor: Starting from the person who brought bricks to build the company till the top management of the company are part of the Labor factor.

Capital: A factor which implicitly support as a factor of production. Without capital there is no chances of production or providing wages.

Entrepreneurship: These are the brainstorms who plan and create product and sits at the top level and make production and service possible.

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Each of the following is a type of homework except?

Tcecarenko [31]

Answer: concentration

Homework has this basic purposes: 1) practice 2) preparation 3) study, extend or elaborate, and integrate

Homework aims s to help students to strengthen what they learned in class and also to gather extra information beyond what is thought and integrate them into their everyday lives.

Concentration is not included to the type of homework.

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3 years ago

Suppose a participant in this experiment was expending $0 worth of effort in studying for each class before the experiment. Over

kow [346]

Answer:

For Maths;

The student would increase time studying for maths.

For English;

The student would increase time studying for English.

Explanation:

This is the case in both cases because there's a certainty that the student earns an A in both cases if he puts in the equivalent $ amount worth of effort.

The student's ability to adapt to change comes under great test over the next 6 weeks in other to get an A in the math and English classes.

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3 years ago

Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t

erastovalidia [21]

Answer:

Balance for the Factory Overhead account: 19,000 credit

Explanation:

We will first, calculate the overhead rate based on the predetermination overhead rate:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

The total manufacturing cost will be distributed over the cost driver. In this case, labor cost:

360,000/180,000 = 2 overhead rate

Then, we calculate the applied overhead 203,000 x 2 = 406,000

Now, the balance for factory overhead account:

Actual overhead: 387,000 debit

payable, accumulated depreicaiton and other 387,000 credit

WIP 406,000 debit

Applied Overhead 406,000 credit

Balance:

406,000 - 387,000 = 19,000 credit

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3 years ago

One problem with conflicts of interest is that they can reduce the ________ in financial markets, thereby increasing ________. Q

luda_lava [24]

Answer:

The answer is Quality of information and Asymmetric information

Explanation:

Information quality is a multi-attribute concept, it is said to define the quality of information are of good quality or of high value then the information is said to have good quality.

Asymmetric information also regarded as "information failure" occurs in a business environment in which some agent in a trade possesses information while other agents involved in the same trade do not.

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3 years ago

According to the textbook, the only way to know if your product or service is what people want is by ________. talking to them l

vlabodo [156]

The answer is by having to survey the people or the consumers. For this could serve as a basis and to be able to determine the wants of the people and the popular trends in which they will like and what they want, in helping to produce better products and service.

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4 years ago

Read 2 more answers