Answer:
The Four Factors of Production
Land Labor Capital
The physical space and the natural resources in it (examples: water, timber, oil) The people able to transform resources into goods or services available for purchase A company's physical equipment and the money it uses to buy
I believe the correct answer is B
The production possibilities frontier <span>it is necessary to give up some of one good to gain more of the other good.
</span><span>The production possibilities frontier (PPF) </span>shows the maximum possible output combinations of two goods or services an economy can achieve when the input resources are used efficiently.
The type of organizational-level reward in which employees receive a percentage of the organization's previous year's profits is called a profit sharing.
Profit sharing is a system where employees are paid a portion of the net earnings of the firm they work for, according to a predetermined written formula. These payments, which may differ based on salary or compensation, are separate from and in addition to ordinary income.
Profit sharing refers to various incentive programs that companies have implemented that give employees direct or indirect compensation based on the company's profitability in addition to their base pay and bonuses. These schemes often involve the distribution of shares to employees in publicly traded corporations.
Learn more about profit sharing here
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Answer:
See attached file
Explanation:
Revenues and Expenses arise from equity variations, which produce changes in stockholders' equity.
Capital contributions increase the stockholders' equity, but they are not revenues. Benefit distributions among owners are decreases but they are not expenses.
Revenues are caused by increases in assets or decreases in liabilities that are generated by operations or economic events over a period of time. The Expenses, are constituted by all the costs incurred in the activities of the company.
As a result we can get the expanded accounting equation:
ASSETS = LIABILITIES + STOCKHOLDERS´ EQUITY + REVENUES – EXPENSES
Also:
Net Income = Income − Expenses