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AlladinOne [14]
3 years ago
15

Prompt What are the factors of production? Government online class !?!

Business
1 answer:
Feliz [49]3 years ago
4 0
<h2>There are 4 factors of production.</h2>

Explanation:

1. Land factor:

  • Land is the most important factor to fetching revenues for the country.
  • Example: Natural resources oil, gas, etc are taken out from the land
  • The various forms of land starts from agriculture to real-estate

2. Labor as factor

  • It is the effect taken by individual to create, sale and manage product.
  • It covers individual right from the workers of the building to the manager of the organization.

3. Capital as factor

  • It is the indirect component
  • It is the base for buying raw materials, process and create product

4. Entrepreneurship as a Factor

  • A secret ingredient of factors of production
  • Example: Social media
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The entry that lane will make to record the receipt of cash will include a credit to the Accounts Receivable account.

<h3>What is Accounts Receivable?</h3>

Accounts Receivable is the amount, which a company will receive from its customers who have purchased its goods & services on credit.

It refers to the money that the customer owe to the company for the goods or services that they have already received but not yet paid for.

For example- Goods purchase on credit by ABC, the amount gets added to the accounts receivable.

Learn more about the account receivable here:-

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Which of these is a placeholder in a document into which variable data is inserted during the process of a mail merge?
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If I’m right it would be the last O :)
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Alexus [3.1K]

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C) person who works well alone

Explanation:

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An investor purchases a 30% interest in an investee company, and the investor concludes that it can exert significant influence
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3 years ago
Jessica Marshall, the CEO of ABD Oil Drilling Inc., decides to set aside an amount of $10,000 from the company's annual profits
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corporate philanthropy.

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Corporate philanthropy refers to an act done by a corporation or business organization with a motive to promote the welfare of a society by charitable donations of funds

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