Answer:
- <em><u> Land, labor, and capital </u></em>
Explanation:
The <em>factors of production </em>are the resources that are used to produce goods and services.
By definition resources are scarce.
<em>Land</em> includes everything that comes from the land, that can be used as raw material to produce other materials; for instance, water, minerals, wood.
<em>Labor</em> is the work done by anybody, not just at a factory but at any enterpise that produce a good or a service. For instance, the work done by a person in a bank or a restaurant.
<em>Capital</em> is the facilites (buildings), machinery, equipments, tools that the persons use to produce goods or services. For instance, a computer, a chemical reactor, or a pencil.
Nowadays, also entrepreneurship is included as a <em>factor of production</em>, since it is the innovative skill of the entrepeneurs to combine land, labor and capital what permit the production of good and services.
Explanation:
Look at the drawings and decide which view is missing. Front? Side? Top? Then draw it
B because thermal has to do with temperature and it’s the amount of kinetic and potential energy in and object
Answer:
#include <stdio.h>
typedef struct InventoryTag_struct {
int itemID;
int quantityRemaining;
} InventoryTag;
int main(void) {
InventoryTag redSweater;
redSweater.itemID = 314;
redSweater.quantityRemaining = 500;
/* Your solution goes here */
printf("Inventory ID: %d, Qty: %d\n",redSweater.itemID,redSweater.quantityRemaining);
getchar();
return 0;
}
Explanation:
Answer:
Production Function : TFSq = f { ingredient 1 ...... ing. i }
Increasing/ Constant/ Increasing Returns to Scale :
Output change > / = / < Input change respectively
Explanation:
Production Function is the relationship between production inputs & outputs, given technology. It denotes the maximum output that can be generated with given inputs.
Tutti Frutti Smoothie [TFS] quantity = Function of {Ingredient1.....ingredient i}
Returns to Scale represents change in output when all inputs change in same proportion.
- Constant Returns to Scale [CRS] : Output Change = All inputs change
- Increasing Returns to Scale [IRS] : Output Change > All inputs change
- Negative Returns to Scale [NRS] : Output Change < All inputs change
When all inputs (ingredients) change by same proportion i.e get twice 2X :- If output of Tutti Frutti Smoothie increases by > 2X i.e 3X - IRS. If it increases equal ie 2X - CRS. If it increases lesser i.e 1.5X - CRS.