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Masja [62]
3 years ago
14

What factor of production include human made resources used to produce a good or a service

Business
2 answers:
storchak [24]3 years ago
4 0

Answer

Capital

Explanation

Capital as a factor of production consists of tangible and intangible goods which are produced in the environment and utilized as inputs to further produce more goods and services. Human made resource such as money/wealth is used to produce more wealth by facilitating buying of capital equipment which aid in process of economic development.


Brilliant_brown [7]3 years ago
4 0

Answer:

Human made factor of production is Capital.

Explanation:

There are four factors of production. Land, Labor, Capital and Entrepreneurship. Factor of production are the inputs of an organization that are used to produce the output and profits for the organization.

Capital is the money, which is generated by humans. So this factor of production is the one human made resource that is used to produce goods and services for the company.  

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Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $50
xxMikexx [17]

Answer:

The company pays $ 500 yearly fee to use Mega Tax Software which is record as fixed costs. Fixed costs do not differ with the variation in the manufacturing levels. Conversely, the fixed cost per unit declines as manufacturing increases, as the same fixed costs are extent over more units. Also the fixed costs per unit rises as the production decreases. Therefore when the production level increased from 300 units to 500 units, the fixed costs per unit reduced and since the variable cost per unit is the same at $ 10 per unit regardless of the levels of production, the total cost per return declines from $ 11.67 to $ 11.

7 0
3 years ago
The following data are available relating to the performance of Sooner Stock Fund and the market portfolio:
Oliga [24]

Answer:

2.6%

Explanation:

Jensen Measure is calculated using the below formula

Jensen Alpha = Rp - (Rf + beta*(Rm - Rf))

Where Rp = Return on portfolio = 20%, Rf = risk free rate = 3%, Beta = Beta of portfolio = 1.8 and Rm = Market return = 11%

Jensen Alpha = 20 - (3 + 1.8*(11-3))

Jensen Alpha = 20 - (3 + 1.8*8)

Jensen Alpha = 20 - (3 + 14.4)

Jensen Alpha = 20 - 17.4

Jensen Alpha = 2.6%

6 0
3 years ago
A retired couple buys a new recreational vehicle​ (RV) for $ 54 comma 000.00. They make a down payment of​ $13,000 and finance t
pashok25 [27]

Answer:

Interest saved by the couple = $3497.12

The answer and procedures of the exercise are attached in the following archives.

Explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

7 0
3 years ago
The Charmatz Corporation has a central copying facility. The copying facility has only two​ users, the Marketing Department and
kobusy [5.1K]

Answer:

Total cost for Operations Department = 92,548

Explanation:

Dual-rate method is a method of allocating costs in which two cost functions are used. Typically, the two functions are a fixed-cost function and a variable-cost function.

First calculate allocation rate for fixed cost for Operations Department

Fixed cost  = 60000

Budgeted copies = 310000

Fixed allocation rate = 60000 ÷ 310000

                                  = $ 0.1935483870967742‬ per copy............eq(2)

Variable cost = $ 0.05 per copy............ eq(1)

Actual usage by Operations department was 380000 copies.

Multiply this amount with allocation rates calculated in eq(1) and e1(2).

Actual fixed cost = 0.1935483870967742 × 380000

                            = 73548

Actual variable cost = 0.05 × 380000

                                  = 19000

Total cost for Operations Department = 73548 + 19000

                                                                = 92,548

6 0
3 years ago
Northern Trail Outfitters (NTO) has created a new onboarding series for customers who have purchased its fitness tracker. Custom
choli [55]

Answer:

The correct answer is A

Explanation:

Personalized recommendations is the which is grounded on the behavior of the user or the customer. These are the items or the product which have been considered, viewed or purchased from one of the customers who is currently or presently considering.

So, NTO, who established the onboarding series which involves the personalized recommendations of the customer but lacks somewhere, therefore, best practice for achieving in the current situation is recommending personally to the customer.

6 0
3 years ago
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