All categories

3 years ago

Economic resources are the______________.

Business

1 answer:

Readme [11.4K]3 years ago

5 0

Answer:

c. natural, human, and manufactured inputs used to produce goods and services is the correct answer.

Explanation:

Economic resources are the inputs used in providing services and goods.

Economic resources are of four types

land: includes all natural resources which are gifts of nature.

Labor:all the efforts done by human mentally and physically to earn an income is known as labor.

Capital: includes all the manmade resources that are used in the production method such as factories, appliances, machines, tools, raw supplies, wealth, etc.

An entrepreneur: a person that organizes, manages a business and undertakes the uncertainties and difficulties involved in the production.

You might be interested in

Chobani launched a campaign, called "the break you make," in 2015 to increase awareness of the chobani flip, an afternoon snack

Andreas93 [3]

Research determined that the campaign was very successful

5 0

3 years ago

True or False? Conditional formatting in Excel can make it difficult to identify data that satisfy certain conditions in a data

inn [45]

Answer:

False

Explanation:

Conditional formatting is a special feature in excel spreadsheets that allow the application of specific modification to cells that meet certain criteria.
It is most commonly used to highlight color, emphasize text or heading, and differentiate data from information stored in a spreadsheet.

7 0

3 years ago

Two hundred people were asked if they had read a book in the last month. The accompanying contingency table, cross-classified by

Rainbow [258]

Question Continuation

The probability that a respondent read a book in the last month and is at least 30 years old is the closest to

A. 0.33

B. 0.88

C. 0.46

D. 0.12

See Attachment for complete question

Answer:

A. 0.33

Explanation:

To solve this question, we need the intersecting cell of Yes and 30+

$n(Yes\ n\ 30+) = 65$

The probability is then calculated as follows:

$P(Yes\ n\ 30+) = \frac{n(Yes\ n\ 30+)}{Total}$

Where Total = 200

$P(Yes\ n\ 30+) = \frac{65}{200}$

$P(Yes\ n\ 30+) = 0.325$

From the list of given options; (A) is the closest to 0.325

Hence:

Option A answers the question

3 0

4 years ago

All else constant, the net present value of a typical investment project increases when:

nekit [7.7K]

Answer:

The correct answer is letter "B": The rate of return decreases.

Explanation:

Net Present Value or NPV is a mathematical calculation used to determine if a project could be profitable or not. NPV is obtained by subtracting the present value of outflows from the present value of inflows, In case NPV is positive, it is expected a project will provide the firm profits, while a negative NPV implies the company incurring in losses.

The Rate of Return (RoR) has an inverse relation with the NPV meaning if the RoR decreases the NPV will increase and vice versa.

3 0

3 years ago

Ron is the it director at a medium-sized company and is constantly bombarded by requests from users who want to select customize

fgiga [73]

The answer is "Bring Your Own Device (BYOD)".

BYOD (bring your own device) is the expanding pattern toward representative claimed gadgets inside a business. Cell phones are the most well-known case yet representatives likewise take their own particular tablets, PCs and USB crashes into the working environment.

BYOD is a piece of the bigger pattern of IT consumerization, in which customer programming and equipment are being brought into the venture. BYOT (bring your own technology) alludes to the utilization of customer gadgets and applications in the working environment.

8 0

4 years ago