The output is the finished good or service, and inputs are raw materials, labor, utilities, liscensing fees, or other goods. These inputs are also known as factors of production. If the price of inputs goes up, the cost of producing the good increases
Answer:Sharecroppers hoped to save money and eventually buy land of their own.
Explanation:But success depended on uncertain weather conditions and the ups and downs of crop prices. Even a large crop might not pay the bills if crop prices were low at harvest time. In fact, sharecroppers often became locked in a cycle of debt.
Answer: win because Bill had a legal right to drink alcohol.
Explanation: Bill is twenty-five years which is above the alcohol consumption age. However, if Bill uncle now refuses to pay Bill as agreed. The uncle claims that because Bill suffered no detriment by refraining from alcohol, and that because his non-drinking did not constitute consideration, no contract was formed. If Bill sues his uncle, Bill will win because Bill had a legal right to drink alcohol at that age.
