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3 years ago

Which of the following best describes goods production? (1 point)

Business

2 answers:

sleet_krkn [62]3 years ago

6 0

ANSWER: B) activities producing tangible products, such as radios, newspapers, buses, and textbooks

EXPLANATION: Goods production refers to the production of tangible articles from tangible raw materials as well as from intangible inputs such as ideas, knowledge and information, which will have a commercial value and will be beneficial for consumer use and exchange value. Such examples are Radios and Buses which are produced from tangible raw materials and Newspapers and Textbooks which are produced from Information and Knowledge gathered.

OLEGan [10]3 years ago

4 0

<u>The goods production refers to activities producing tangible products, such as radios, newspapers, buses, and textbooks. </u>

Further Explanation:

Justification for the correct and incorrect answer:

Activities producing intangible and tangible products, such as entertainment, transportation, and education: This option is incorrect.

The activities that produce tangible and intangible products are known as Service operations or service production. It includes the production of education and transportation.

Activities producing tangible products, such as radios, newspapers, buses, and textbooks: This option is correct.

The activities that produce tangible products are known as goods operations or goods production. It includes the production of buses, magazines, and cars.

Production processes in which resources are broken down into components to create finished products: This option is incorrect.

The process of breaking down into components to create finished products is known as operation.

The systematic direction and control of the processes that transform resources into finished projects that create value and provide benefits to consumers: This option is incorrect.

The operation management is the process by which the resources are transformed into finished goods that will create value for the consumers.

Learn more:

1. Demand and supply diagram

brainly.com/question/2195487

2. Demand curve

brainly.com/question/8794304

3. Forecasting human resources supply

brainly.com/question/6123400

Answer details:

Grade: High School

Subject: Business Studies

Chapter: Operation Management

Keywords: goods production, intangible and tangible products, such as entertainment, transportation, and education, such as radios, newspapers, buses, and textbooks, production processes, resources are broken down, components, finished products, the systematic direction, and control, create value, benefits to consumers.

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2 years ago

Select the correct answer.

Gre4nikov [31]

Answer:

Prices increase, C

Explanation:

Inflation is when the value of a dollar, or other currency type, drops. This happens most commonly when more money is being printed. The more there is, the less it is worth. This causes prices to increase.

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3 years ago

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Hilda and Hyatt paid $7,875 last year in mortgage interest, $4,200 in principal payments, $1,850 in property tax, $840 in mortga

olga55 [171]

Answer:

Mortgage interest of $7,875 and property taxes of $1,850.

Explanation:

A tax deduction can be defined as the total amount of money that one can deduct to lower their tax liability. More tax deductions always implies a reduced tax liability. In dealing with mortgage payments, tax deductions should be considered carefully to determine how much one tax one needs to pay. The following mortgage expenses are considered for deductions;

1. Mortgage interest

A mortgage interest deduction is a deduction that allows homeowners to subtract the interest on the loan they used to pay for the purchase, improvements or building of a home. In our case, Hilda and Hyatt are liable to a deduction of $7,875.

2. Property tax

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3 years ago

Why might you want to use an encoder to convert a WAV file to an MP3 file ?

Alona [7]

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3 years ago

The minute karen walks into your mother-in-law's house to visit, she is struck by the strong smell of her perfume. however, afte

fenix001 [56]

Answer:

sensory adaptation

Explanation:

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