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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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Bass Clef Music Company assigns workers to departments based on similar skills. Currently, the company has a marketing departmen

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Answer: Function.

Explanation:

The Bass Clef Music Company has formed departments by function they perform, such as; the marketing, production, finance etc. The function a department plays in an organization is the specific problem that department helps the organization to solve or the specific role that department carries out in the organization.

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3 years ago

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"On November 10th, a customer buys 200 shares of ABC stock at $50 per share. On November 29th of the same year, the customer sel

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Answer:

$55 per share

Explanation:

Calculation for the customer's cost basis in ABC stock

Based on the information given we were told that the customer bought the stock at the amount of $50 in which he later sold at the amount of $44 making the customers to have a loss of $6 per share ($50-$44), which means the customer adjusted of the cost basis on the stock will be calculated as :

ABC stock $49 + Loss of $6 per share

=$55 per share.

Therefore The customer's cost basis in ABC stock is: $55 per share.

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3 years ago

Scenario: As phasedown of shelter operations has begun, the American Red Cross Disaster Operations Supervisor has directed you t

Scrat [10]

Answer:

Dispatch/Deployment

Explanation:

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In the scenario we see that the supervisor directed the staff to checkout only when requested, secondly he did so with an appropriate authority because his own boss - the American Red Cross Disaster Operations Supervisor has directed you to begin re-assigning shelter staff personnel

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An earned value report will likely show all of these measures.

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3 years ago

Give an example of one good or service produced in the United States using the command model. Justify your example using researc

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Answer:

An example of production under the command system in the United States is that of the production of roads and passable roads throughout the nation. In this case, it is the production of a public service, and as such it is controlled by the government in all stages of its production: from the identification of the need, through the tender, the construction authorization and the supervision of the results, everything is controlled by the government. This implies that individuals or private companies cannot by their own initiative create this type of road, but rather depend exclusively on the will of the government.

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3 years ago