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3 years ago

Which of the following is not a factor of production?

Business

2 answers:

kumpel [21]3 years ago

6 0

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

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.

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At the beginning of his current tax year, David invests $13,410 in original issue U.S. Treasury bonds with a $10,000 face value

vagabundo [1.1K]

Answer:

The amount of income that David will report this year if he elects to amortize the bond premium is $455.94.

Explanation:

This can be calculated as follows:

Interest income = Carrying value of the bond * Yield to maturity…………….. (1)

Where;

Carrying value of the bond = $13,410

Yield to maturity = 3.4%

Substituting the values into equation (1), we have:

Interest income = $13,410 * 3.4% = $455.94

Therefore, the amount of income that David will report this year if he elects to amortize the bond premium is $455.94.

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2 years ago

A standard "money demand" function used by macroeconomists has the form ln( ) = + ln( ) + m β , 0 β1 GDP β2R Where m is the quan

kvasek [131]

Answer:

1.The money demand will rise by 1.154%

2. The money demanded will fall and for a 1% increase in interest , the money demanded will fall by 0.38%

Explanation:

1. Money demand function

ln(m) = β0 +β1 ln(GDP)+β2R

Suppose β1 = 1.5 , β2 = −0.04 , GDP = $ 100 & R = 3%

ln(m) = 1.5 ln ($100) - 0.04 X 0.03

ln(m) = 6.91

m = 1002.247

Suppose the GDP increases by 1%; the new GDP will be = $ 101

ln(m) = 1.5 ln ($101) - 0.04 X 0.03

ln(m) = 6.92

m = 1013.81

If the GDP increases by 1% ,the money demand will rise by 1.154%

If the interest rate increases from 3% to 4%

ln(m) = 1.5 ln ($100) - 0.04 X 0.04

ln(m) = 6.906155

m = $ 998.400

If the interest rate rises from 3% to 4% , the money demanded will fall and for a 1% increase in interest , the money demanded will fall by 0.38%

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3 years ago

1. Bankruptcy law is primarily state law. a. True b. False 2. The government is given the power to establish bankruptcy laws in

exis [7]

Answer:

1. Bankruptcy law is primarily state law. b. False

2. The federal  government is given the power to establish bankruptcy laws in Article I, Section 8 of the  U.S constitution. The purpose of bankruptcy law is to protect the  debtor  by giving him or her a fresh start and to ensure equitable treatment of the creditors.

Fill in the blanks with words that would best complete the passage.

equitable federal debtor perfect state assets state constitutions creditors U.S. Constitution

3. Bankruptcy proceedings are held in  federal bankrupcy courts.

4. Title 11 of the United States Code contains the Bankruptcy Code.

5. The Bankruptcy Code has several chapters. Chapter 7 provides for liquidation proceedings, Chapter  11 governs reorganizations, and Chapter 13 provides for an adjustment of debts for individuals with regular income.

6. In order to obtain bankruptcy relief a debtor must be insolvent, or unable to pay his debts. b. False

7. Consumer-debtors are those whose debts result from the purchase of goods for personal use. The Bankruptcy Code requires that court clerks provide additional information to consumer-debtors when they file for bankruptcy.

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3 years ago

In the year 2020, a divorced woman under age 50 collects $50,000 of alimony and child support as her sole source of income. The

NikAS [45]

The available options are:

A. No contribution can be made because the woman does not have earned income

B. A contribution of up to $6,000 is permitted, but the contribution is not tax deductible.

C. A tax deductible contribution of up to $7,000 is permitted

D. A tax deductible contribution of up to $9,000 is permitted

Answer:

No contribution can be made because the woman does not have earned income

Explanation:

Unlike in the previous years before 2019, concerning divorce agreements, alimony is now declared to be no longer deductible by the payor and at the same time is considered to be a tax-free income to the recipient. In essence, this indicates that alimony is no longer qualifies as earned income and therefore, cannot be utilized to fund an Individual Retirement Account.

Hence, in this case, since it is , year 2020, the correct answer is "No contribution can be made because the woman does not have earned income."

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3 years ago

It costs Bonita Industries $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A f

Serga [27]

Answer:

There will be an increase of $6,200 , If the special order is accepted

Explanation:

For computing the net income effect first we have to find out the net income per scale which is a difference between offer purchase price and variable cost per unit

In mathematically,

Net income = Offer purchase price - variable cost per unit

where,

Offer purchase price is $35

And, the variable cost is $12 per unit plus it incur special shipping charges which is also a part of the variable cost.

So, total variable cost = variable cost per unit + Special shipping charges per scale

= $12 + $1

= $13

So, Net income is

= $15 - $13

= $2 per unit

Now for producing the 3100 scales, the net income should be multiply with the production unit

= Net income × Production unit

= 3,100 × 2

= $6,200

Fixed cost is fixed whether the production level changes or not. Thus, it is not be considered.

Hence, there will be an increase of $6,200 , If the special order is accepted

6 0

3 years ago