In economics the term factors of production refers to all the resources required to produce goods and services. A paper company might need, among many other things, trees, water, a large factory full of heavy machinery, a warehouse, an office building, and delivery trucks. It might require a thousand workers to run the factory, take orders, market (or sell) the paper, and deliver it to wholesalers or retail stores. It might need thousands more resources of varying size and cost. Some of these items, such as workers’ skills, might be intangible. Together, these resources constitute the factors of production necessary for the paper company to do business.
Answer:
A. Opportunity costs
Explanation:
I got this as a correct answer on APEX plus according to my notes, it makes sense
Answer:
Iraq retreated from Kuwait
Explanation: (2 august 1990 - 28 february 1991).
Answer:
The energy from water can be harnessed to be useful in a variety of different ways through water wheels or in hydroelectricity generating facilities. As water moves through some body, such as a river, its potential and kinetic energy vary. Additionally, if the area through which the water is moving changes size the pressure can also change. A device such as a turbine, can harness the kinetic and potential energy to be transformed into a type of useable energy, such as electricity
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Answer:
(A). Japanese culture is more friendly
Explanation:
Masuda and Nisbett, in 2001, conducted a cross-cultural study of the Japanese and American culture where they studied the influence of culture on attention and sensitivity of American and Japanese participants.
<u>Results from the study showed that, the Japanese paid more attention to details, and cared more about the relationship between items, than Americans.</u>
As such, Japanese culture is more friendly than American culture.
