Answer:
land
labour
capital
entrepreneur
Explanation:
land
examples include waterbodies and land forms like plateau and ridges
capital
include monetary wealth i.e money and machinery
entrepreneur
includes sole proprietorship and partnership
labour
include skilled and unskilled labour
Answer:
Marketing stimulates a competitive economy, promotes products and services, and targets consumers who are most likely to become purchasers. Higher sales for a company that employs effective marketing strategies translate into expansion, job creation, higher government tax revenue, and eventually, overall growth.
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Answer:
Option "D" is the correct answer to the following question.
Explanation:
A monopoly usually has all kinds of social costs. Price under monopoly is more than marginal cost, which also often means that society does not have the economic capacity.
In monopoly business, resources are usually used less and other businesses use more resources, which is why monopoly business is usually associated with social interests.
Monopoly businesses produce fewer goods but charge more on those goods because they are the sole producers of the services or goods they produce, so all three options are correct
The answer to this question is C. The buyer must also gain; Mutual gain provides the foundation for exchange.
