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Mariana [72]
3 years ago
15

Provide an example of a process of producing a good or service and analyze the production process into the necessary elements of

production.
Your answer should be as in the following example.


Solved Example:
The paper production plant purchases paper pulp made of natural cellulose, then processes this natural material using machines, and workers package and transport the products.

What are the inputs in the above example

1) Earth Element: Natural Cellulose.
2) Labor component: packing and transport workers.
3)The capital component: machinery and transport vehicles.
4)The Organizational Element: The human effort to manage the production process and bear its risks.​
Business
1 answer:
Ray Of Light [21]3 years ago
4 0

Ce clasă ești sa văd daca te pot ajuta

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__________ capital increases cooperation among individuals inside and outside the firm. a. Human b. Visionary c. Social d. Cultu
VARVARA [1.3K]

Social capital increases cooperation among individuals inside and outside the firm.

What is social capital ?

Social capital allows a group of people to work together effectively to achieve a common purpose or goal. It allows a society or organization, such as a corporation or a nonprofit, to function together as a whole through trust and shared identity, norms, values, and mutual relationships.

What is the social capital theory?

Social capital theory contends that social relationships are resources that can lead to the development and accumulation of human capital. For example, a stable family environment can support educational attainment and support the development of highly valued and rewarded skills and credentials.

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4 0
1 year ago
Suppose the government increases spending on public education by $700 million and individual spending on private education drops
stepladder [879]

Suppose the government increases spending on public education by $700 million and individual spending on private education drops by $500 million. this is an example of incomplete crowding out.

<h3>What occurs when government spending rises?</h3>
  • Greater government spending, according to Keynesian economics, improves aggregate demand and consumption, which results in increased production and a quicker exit from recessions.
  • Long-term economic growth is lowered when the size of government is steadily increased.
  • Spending by the government distorts incentives, lowering output and efficiency.
  • These assertions are supported by academic research and supported by relevant economic statistics.

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6 0
2 years ago
Freddy offers to supply water bottles to Jerry’s Gym at a cost of $40a case. The signed contract says that Jerry’s Gym will buy
atroni [7]

Answer:

-jerry is entitled to monetary damages compensations due to a contract breach.

-Freddy has to pay Jerry $90

Explanation:

the damage that the gym is entitled to would be that of a contract breach. Freddy wanted to earn more money so he breached the contract. Now given that Jerry had to go with another supplier of water at a greater cost of 50 dollars for 9 months, just to satisfy his requirements. Freddy has to pay him monetary damages for this breach in contract.  he has to pay the difference that exists between the price in the contract they had and what jerry now has to pay due to the breach. The difference is 10 dollars, which is to be paid every month for 9 months

= (50 - 40)*9

= 10 * 9 = $90

4 0
3 years ago
As the manager of High Speed Records, you have signed a new artist to the label. There are three different outcomes for investin
STatiana [176]

Answer:

0.2 or 20%

Explanation:

The three possible outcomes, with respective probabilities and returns, as follows

Outcome 1: Probability (P) = 0.35, Return (R) = 0.20

Outcome 2: Probability = 0.25, Return = 0.36

Outcome 3: Probability = 0.40, Return = 0.10.

The expected return will be computed as follows.

Expected Return = (P_{1} *R_{1})  + (P_{2} *R_{2}) + (P_{3} *R_{3})

= (0.35*0.20) + (0.25*0.36) + (0.40*0.10)

= 0.07 + 0.09 + 0.04

= 0.2

Therefore expected return = 0.2 or 20%

4 0
3 years ago
Caroline needs information from a coworker in another office about an upcoming salespromotion. What is the best communication ch
horsena [70]

Answer:

E-mail

Explanation:

Text messages, instant messages, and social networking are all generally considered as informal methods of communication which are used to  communicate informal information, such as a the change in a meeting time if schedules have been adjusted during a factory tour.

Secondly such informal means of communication might not be ideal for use to a colleague in another office as the relationship would not be very personal but official.

Since Caroline needs information from a coworker in another office about an upcoming salespromotion, she is better off sending her request via e-mail

6 0
3 years ago
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