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Alex17521 [72]
3 years ago
5

Which of the following describes human effort in economics?

Social Studies
1 answer:
horsena [70]3 years ago
6 0

The correct answer is letter B.

Explanation: The factors of production are the goods necessary for the realization of a given end product. It is the elements that make the existence of production possible. Classically, an economic theory considers three factors of production: capital, labor, and natural or terrestrial resources.

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A man who is almost 65 years old withdraws from his connections with younger people, and his coworkers stop asking him for help would be described as a behavior that is natural part of aging according the <span>disengagement theory.
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What did Augustus to influence public opinion?
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List down the reason behind hunter-gatheres<br>to move from place to place.​
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Hunter gatherers had to move from place to place to ensure that their supply of food is not diminished. By moving from place to place they took advantage of the local flora and fauna which needed time to replenish its resources.

Explanation:

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3 years ago
The third phase of the Keynesian LRAS
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The third phase of the Keynesian LRAS Curve shows the economy at full employment. This means that the factors of production are being used at full capacity.

<h3>What do you mean by long-run aggregate supply?</h3>

Long-run aggregate supply can be defined as the output that an economy can produce while using all the factors of production and operating at full employment level.

The third phase of the Keynesian LRAS curve shows that the economy is at full employment which means that factors of production are being used at full capacity.

Therefore, B is the correct option.

Learn more about long-run aggregate supply here:

brainly.com/question/14020407

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4 0
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