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nevsk [136]
3 years ago
13

List and explain the four factors of production, stating their reward. ​

Business
1 answer:
mojhsa [17]3 years ago
5 0
The four main factors of production are land, or the physical space and natural resources, labor, or the workers, capital, or the money and equipment, and entrepreneurship, or the ideas and drive, which are used together to make a successful attempt at selling a product or service according to traditional economic ...
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Orlando has a bank statement balance of $414.25 and $5.90 service charge. His check register shows $374.16 and he has two outsta
laiz [17]

Answer:

$365.93

Explanation:

The computation of the checkbook balance is shown below:

= Balance of bank statement - first outstanding check amount - second outstanding check amount          

= $414.25 - $26.54 - $21.78

= $365.93

In order to determine the check book balance, we deducted the two outstanding checks from the bank statement balance

6 0
3 years ago
The faculty member on my study abroad trip to Costa Rica has traveled there many times and is quite knowledgeable about the coun
Sedbober [7]

Answer:

B. Expert power

Explanation:

Based on the information provided regarding this scenario it can be said that the faculty member was using Expert Power. Expert Power is defined as the use of expert knowledge in order to get a subordinate to follow an instruction or order. Which in this specific scenario, the faculty members unique knowledge and experiences regarding Costa Rica allowed the other faculty members to look to him for guidance when dealing with topics revolving around Costa Rica.

8 0
3 years ago
Many owners of consulting companies took their own skills and launches businesses by selling those skills to other companies who
Juli2301 [7.4K]

Answer:

education and expertise

Explanation:

Based on the scenario being described within the question it can be said that this is an example of education and expertise. By learning a skill or trade and gaining experience by continuously practicing and improving those skills anyone can sell those skills to other individual's or company's that require those skills but do not possess them. Such as the individuals in this scenario did.

3 0
3 years ago
Jasper is a self-employed businessman. on march 5, 2015 he purchases a personal computer for use at his home. he uses the comput
g100num [7]
Jasper could most certainly claim depreciation on the computer that is, 50% of it plus 50% of the purchase price and I know because I am self-employed too and I know that legitimate office expenses like a new printer, printer paper etc can be claimed according to the amount used for the business.
7 0
3 years ago
The act of starting and creating a business on one's own is called?​
Verdich [7]

Answer:

The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

4 0
3 years ago
Read 2 more answers
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