All people paid the same amount in factor payments for the resources they provide because different resources have different value.
<h3>What makes each economic system different from one another?</h3>
Traditional systems are characterized by a concentration on the fundamentals of products, services, and labor, and they are shaped by customs and beliefs. While a market system is governed by forces of supply and demand, command systems are influenced by centralized authorities. Finally, mixed economies combine market and command systems.
The money that individuals receive in exchange for providing producing inputs like land, labor, or capital. Patriotism. the ardor that drives someone to serve their country; love of one's country.
<h3>Which economy is better for society?</h3>
The reason capitalism is the best economic system is that it offers everybody in society a variety of advantages and chances. A few of these advantages involve fostering riches and innovation, enhancing people's quality of life, and empowering the populace.
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Answer:
The correct answer is letter "C": Mortgage payments.
Explanation:
Net Operating Income or NOI reflects income after operating expenses deducted but before income taxes and interest are deducted. If the result is a positive value it is called <em>Net Operating Income</em>. If the figure is negative, it is referred to as <em>Net Operating Loss</em>.
Net operating income is often used to calculate real estate income, such as residential properties or commercial properties. <em>NOI is calculated by determining the Gross Operating Income (Gross potential income minus vacancy and credit loss) and subtracting the operating expenses (maintenance, fees, and insurance).
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Thus, <em>mortgage payments are not considered in the calculation of the NOI.</em>
Answer:
Sole Proprietorship
Explanation:
Charles is planning to start a sole proprietorship business. It is the most common form of business ownership.
This is the form of business owned, managed and operated by a single individual. Here, there is no distinction between the business and the owner. The owner of the business will have total control of all the profits incurred in the business and solely be responsible for all losses incurred as well.
Answer: Franchise
Explanation:
Franchise could be defined as when new or intending growing businesses use the name of bigger or renowned business names, brands to run their own business. This helps for popularity sake, and making the goods of the smaller business to be marketable through the awareness that has been built in the trust that people have known the big firm for. Most new firms looking to break a competitive market aim at doing this.
