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bazaltina [42]
4 years ago
14

Which best describes the growth process from its ultimate to its immediate causes?

Business
1 answer:
VLD [36.1K]4 years ago
6 0

Answer:

factors of production → institutions → incentives → real GDP per capita

Explanation:

  • Factors of production like the land, capital and labor are considered as the economic factor of production as inputs that are used to production of output i.e finished goods and services.
  • Then comes the institutions like the education systems, political systems, and legal systems into play that provide the institutional framework for the development of real GDP per capita.
  • As the real GDP takes into account the inflation, rising prices, and impact of the average person per economy.
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You have a loan outstanding. It requires making six annual payments of $ 6 comma 000 each at the end of the next six years. Your
BlackZzzverrR [31]

Answer: The final payment would be: $42919,74.

Explanation: To simplify the work we must make a timeline:

0            1               2             3           4              5               6

        $6000      $6000     $6000    $6000    $6000       $6000

These would be the normal conditions of the loan.

but if instead of making the 6 payments only one is made at the end:

We must use the FV annuity formula:

6000 × \frac{(1+0,07)^{6} - 1 }{0,07} = <u>42919,74</u>

8 0
3 years ago
The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. the
ratelena [41]

These rights are known as property rights. Property rights allow a person to do what they want with their property, within regulation. These are included in the bundle of rights a time-share buyer has because they are allowed to use, sell, or rent their time-share.

5 0
3 years ago
Greater resource prices _______ the costs of production, thereby, ______ the incentive for firms to produce the good at each pri
RoseWind [281]

Greater resource prices increases the costs of production, thereby,  reducing  the incentive for firms to produce the good at each price.
The total cost incurred by a business to produce a product or provide services is referred to as the cost of production. Supplies and raw materials consumed during production, as well as labour costs, are often included in production costs.

Costs of Production

All of the direct and indirect expenses firms incur when producing a good or rendering a service are referred to as production costs. Various expenditures, including labour, raw materials, consumable manufacturing supplies, and general overhead, might be included in production costs. When a company produces a good or offers a service, it incurs production expenses, which are sometimes referred to as product costs. Numerous expenses are included in these costs. For instance, manufacturing expenses for manufacturers include the cost of the labour and raw materials required to make the product. Production expenses in the service sector are related to the labour needed to implement the service and any material costs associated with providing the service.

To learn more about Costs of Production

brainly.com/question/13738783

#SPJ4

3 0
2 years ago
Interest rates are affected by?
Stels [109]
B. Money supply and demand, balance of payments, unfavorable payments
7 0
3 years ago
The best new product ideas are based on _____, which serve as the heart of the concept generation process. channel desires manuf
Phoenix [80]

Answer:

customer problems

Explanation:

Customer problems -

The problems of the consumers are the main aspect by which the idea about any new product can be laid down .

As the likes and dislikes for the particular product , makes the product a hit or miss .

As if the consumers like the goods and service s, the production of the product would increase an msd the profit earned by the company will also increase , and vice versa .

Hence , from the given statement of the question,

The correct option is customer problems.

3 0
3 years ago
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