All categories

3 years ago

Which of the following is not a factor of production?

Business

2 answers:

kumpel [21]3 years ago

6 0

<span>Money, political resources, and infrastructure are not considered economic factors of production.

</span>

just olya [345]3 years ago

6 0

Answer

The correct answer is option B.

Goods and services.

Explanation

Neoclassical view of the economics suggests four factors of the productions which serve as inputs to carry out production Goods and services on the other hand are the end products that are derived from the process of production.

Further Explanation

The four factors of production are:

Land – The land as a factor of production refers to the commercial significance of land to support an economic activity. The land as a resource can be used by the farmers to conduct agricultural practices or it can be consumed to derive natural resources like oil and gold.

Labor – Labor refers to the effort made in order to carry on the production activity. The skilled manpower is necessary to fruitfully ensure the process of production in producing the goods and services.

Capital – Capital as a factor of production refers to the assets such as knowledge, tools, machinery etc. which factors the process of production to produce further goods and services.

Entrepreneurship – This factor of the production combines with all other factors of the production to ensure the production of goods and services.

Learn More

Learn more about the market value of the goods and services : brainly.com/question/6278309 ; Answered by Likableadvisers

Learn more about the : brainly.com/question/7421468 ; Answered by Kendra241

Keywords

Factors of production, the four factors of production, goods and service as factor of production.

You might be interested in

Andrew earns $45,300 in taxable income annually, and pays federal income taxes of $5,345. 40. What is Andrewâ€™s net federal inc

ASHA 777 [7]

Based on the information given Andrewâ€™s net federal income tax rate is c. 11.8%.

Using this formula

Net federal income tax rate=Federal income taxes / Taxable income

Where:

Federal income taxes= $5,345.40

Taxable income=$45,300

Let plug in the formula

Net federal income tax rate=$5,345.40/$45,300

Net federal income tax rate=0.118×100

Net federal income tax rate=11.8%

Inconclusion Andrewâ€™s net federal income tax rate is c. 11.8%.

Learn more here:brainly.com/question/11886585

8 0

2 years ago

Diversity is more than recruiting and keeping minorities. Diversity means appreciating and understanding other differences in ou

Kruka [31]

Answer:

The correct answer is: disabilities, sexual orientation, religious preferences, and even personality differences such as extroverts and introverts.

Explanation:

Diversity refers to the difference, the existence of the variety or the abundance of things of different characteristics. The term comes from the Latin language, from the word "diversitas".

The concept of diversity is applicable in many and of the most different cases, for example it can be applied to the different living organisms, to the different ways of applying techniques, to the diversity of individual choices, among others. Below we explain some forms of diversity.

There are different types of diversity:

Biodiversity or biodiversity.

Cultural diversity.

Sexual diversity

Functional diversity.

Ethnic diversity.

Linguistic diversity.

8 0

3 years ago

Read 2 more answers

Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.

7nadin3 [17]

Please kindly note that none of the

Options given in the question is correct.

The correct answer is calculated and explained below

Answer:

$79.92 per move.

Explanation:

Activity rate can be calculated by dividing Activity cost budgeted for the particular activity pool by the Estimated or Total Activity base for that pool

Activity rate = Budgeted activity cost ÷ Estimated or Total Activity base

In the question above,

Budgeted Activity cost for material handling = $443,500

Estimated or Total Activity base for material handling (Summation of Total moves) = 1,460 + 760 + 3,700 = 5920 moves

Activity rate = $443,500 ÷ 5920

= $79.92 per move.

3 0

3 years ago

"An investment advisor has recommended a $50,000 portfolio containing assets R, J, and K; $25,000 will be invested in asset R, w

lesantik [10]

Answer:

The expected annual return of Portfolio is 12.00%

Explanation:

The portfolio return is calculated by multiplying the individual security return with weight of individual security in the portfolio. We have three securities R, J and K with expected return on 12%, 18% and 8% with weight of 50%, 20% and 30%. Through multiplying them we get individual return of security that is 6%, 3.6% and 2.4%. The weighted average portfolio return is 12%

8 0

3 years ago

Logan, a 50 percent shareholder in Military Gear Inc. (MG), is comparing the tax consequences of losses from C corporations with

Musya8 [376]

Answer:

$9,840

Explanation:

In this question, we have to take the difference between the payment for S corporation and the C corporation

If Military Gear Inc is a C corporation, then the payment would be

= Ordinary income × marginal tax rate

= $84,000 × 24%

= $20,160

And, if Military Gear Inc is a S corporation, then the payment would be

= (Ordinary income - net effect) × marginal tax rate

= ($84,000 - $41,000) × 24%

= $43,000 × 24%

= $10,320

The net effect would be

= $159,000 - $118,000

= $41,000

The net payment would be

= $20,160 - $10,320

= $9,840

4 0

3 years ago