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:
Opportunity cost of holding the money = $1.650
Explanation:
Opportunity cost is the value of the next best alternative sacrificed in favour of a decision.
The opportunity cost of holding the money is the interest on deposit that would be have been earned should it be invested at the savings rate.
Interest on savings deposit = interest rate × deposit
= 2.5%× 66,000= $1,650
Opportunity cost of holding the money = $1.650
I would say that it is a CHECKING ACCOUNT. The answer for this would be option A. This type of account can be accessed anytime which makes its liquidity very high, but on the other side, this has very low interest and the minimum balance required is also low. Hope this helps.
<span>..(B).. Exponential..</span>
