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3 years ago

What are factors of production?

Business

1 answer:

Anarel [89]3 years ago

3 0

Answer:

B. all the resources used to produce any goods and services

Explanation:

Factors of production are all the resources used in the production of new goods and services. They are the inputs that go into the production process. Factors of production are classified into four, including land, labor, capital, and entrepreneurship.

Option A represents labor, which is the human contribution in the production process. Human beings contribute skills, time, and energy and get rewarded with salaries and wages.

Option C, which is all the physical tools and equipment used in the production process, represent capital.

Land in economics will refer to farmlands, business premises, air, and natural resources, which option D describes.

Entrepreneurship is the process of forming a business that undertakes production by binging together the inputs. The entrepreneur is the person who starts the business.

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The word "economy" comes from the Greek word oikonomos, which meansa. "environment."b. "production."c. "one who manages a househ

Elina [12.6K]

Answer:

c. "one who manages a household

7 0

3 years ago

Construct a paragraph or two describing the interrelationship among a bacterial pathogen, the affected host, and potential antim

AveGali [126]

Answer:

The answer is explained below showing interrelationship among a bacterial pathogen, the affected host, and potential antimicrobial drugs in the development of an appropriate antimicrobial treatment.

Explanation:

Bacteria live in multiple host to live their life and obtain food as well as nourishment from the host body. While some of the bacteria are useful to the host as they help in digestion or other functioning of the body but most of the bacteria causes several diseases to the host.

For example, Mycobacterium tuberculosis is the bacteria that causes tuberculosis in the human(host). In response, to disease, drugs(antibiotics) are given to the host. The drugs could be broad spectrum that can kill both gram positive and gram negative bacteria or narrow spectrum that can either kill gram positive or gram negative bacteria. Each drug have minimum concentration at which the drug is effective, it is known as minimum inhibitory concentration. The Kirby bauer test is used to see the antibiotic sensitivity. The antibiotics are effective against the specific proteins of the bacteria cell and known as selective toxicity

3 0

3 years ago

Gershwin Corporation obtained a franchise from Sonic Hedgehog Inc. for a cash payment of $180,000 on April 1, 2014. The franchis

ikadub [295]

Answer:

Explanation:

The journal entry is shown below:

On April 1

Franchise A/c Dr $180,000

To Cash A/c $18,0000

(Being the purchase of a franchise is recorded)

On December 31

Franchise Amortization Fee A/c Dr $13,500

To Franchise A/c $13,500

(Being the franchise amortization fee is recorded)

The computation is shown below:

= $180,000 ÷ 10 years × 9 months ÷ 12 months

= $13,500

8 0

4 years ago

Consider Management as the top tier. Select your campus as next to the first one and pick Student's Affairs department as the la

Juli2301 [7.4K]

Answer:

Explanation:

Process perspective relates to the study of how a business runs internally. Measures based on this process allows the management to make an efficient decision on how their services meet the demands of their clients.

By the application of the process perspective method, the simple hierarchy of the campus is shown below.

Management of Campus

Management of campus succeeded in the process of making

guidelines for various affairs associated with the student.

↓

Campus

Campus has several departments that deal with the various entities

of the campus such as lecturers, industries, senate delegates,

governmental agencies, student's welfare, etc.

↓

Student's welfare department

↓

↓ ↓ ↓ ↓ ↓

Scholarship Examination Event Grevianve Alumni

Unit Unit Unit Unit Unit

7 0

3 years ago

Gates Appliances has a return-on-assets (investment) ratio of 19 percent. a. If the debt-to-total-assets ratio is 20 percent, wh

kap26 [50]

Answer:

23.8%

Explanation:

Gates appliances has a return-on-assets(investment) of 19%

The debt-to-total-assets ratio is 20%

Therefore, the return on equity can be calculated as follows

Return on equity= Return on assets(investment)/(1-debt/asset)

= 19/(1-20/100)

= 19/(1-0.2)

= 19/0.8

= 23.8%

Hence the return on equity is 23.8%

4 0

3 years ago