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trapecia [35]
3 years ago
11

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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Explanation:

The correct answer would be <u>option (e)</u> because in this case there lies an ambiguity i.e. we are uncertain about skillets that an economists should be endowed with or for being a faculty member.

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3 years ago
Most of us have similar values, but we might put them in vastly different orders of importance.
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valina [46]

the example is Globalization

3 0
3 years ago
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The basic concepts of financial management are the same for all businesses, regardless of how they are organized. However, a fir
My name is Ann [436]

Answer:

1) - proprietorships.

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3) - proprietorships.

4) - corporations.

Explanation:

So far as figures are concerned, the majority of companies are proprietorships. Even so, mostly based on currency sales revenue, almost all of the trade is conducted by corporations. Businesses are mostly founded as proprietorships and only transformed into corporations until their success results in drawbacks that overshadow the benefits.

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3 0
3 years ago
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= 5% / 5% = 1

I hope my answer helps you

7 0
3 years ago
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