1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marishachu [46]
3 years ago
7

What are the factors of production and explain the allocation of resources

Social Studies
2 answers:
adoni [48]3 years ago
7 0

Answer:

Factors of Production Definition

The factors of production are land, labor, capital, and entrepreneurship. ... Since these factors are limited by nature, and human wants are unlimited, we, as a country, face a shared decision over the efficient allocation of these scarce resources or factors of production

forsale [732]3 years ago
4 0
The factors of production are land, labor, capital, and entrepreneurship. To put it in different terms, the factors of production are the inputs needed for supply. Hope this helps!
You might be interested in
Why does each state have 2 senators?
Snowcat [4.5K]

Answer:

major departure from the plan adopted by the framers in 1787. According to Article I, Section 3 of the Constitution, “The Senate of the United States shall be composed of two Senators from each state, chosen by the legislature thereof for six Years.” The framers believed that in electing senators, state legislatures would cement their ties with the national government. They also expected that senators elected by state legislatures would be freed from pressures of public opinion and therefore better able to concentrate on legislative business and serve the needs of each state. In essence, senators would serve as “states’ ambassadors” to the federal government.

3 0
3 years ago
Which stage of the product life cycle encompasses rapidly rising sales, very high profit levels, and a growing number of competi
Annette [7]

The stage of the product life cycle that encompasses rapidly rising sales, very high profit levels, and a growing number of competitors is <u>Growth Stage.</u>

<h3>What do you mean by Product Life Cycle?</h3>

A product goes through different stages in its development when it is first introduced into the market by the companies. These stages include the introductory stage, the growth stage, the maturity stage and the decline stage.

Product lifecycle is the main marketing stage is the growth stage where, the product of the company required most of the marketing in the product cycle.

The growth stage of a product's life cycle is one in which a product's starts to gain a lot of acceptance among consumers, the product industry and the public as a whole.

During this growth period also, sales and revenues start to increase as a result of the acceptance of the product. This stage enhance more productivity of the particular company or industry.

Learn more about Product life cycle, refer to the link:

brainly.com/question/7510515

#SPJ4

7 0
1 year ago
When would a researcher be most likely to observe resource partitioning?
Olenka [21]

Answer:

a researcher would observe resource partitioning between the two new species that eats the same type of foods

Explanation:

8 0
3 years ago
Enunciado: pedro golpea y tira objetos cual es la inferencia y la clave?
Svetlanka [38]

La respuesta correcta para esta pregunta abierta es la siguiente.

Enunciado: Pedro golpea y tira objetos. ¿Cuál es la inferencia y la clave?

Respuesta: la inferencia es que Pedro es agresivo porque golpea. La calve está en que Pedro tira los objetos y la acción de golpear.

La inferencia en la lingüística nos sirve para deducir los motivos por los cuales se generan acciones que se escriben en los enunciados y con esta deducción, entender por qué se generan esas acciones. Esa deducción permite interpretar supuestos que ayuden a entender los comportamientos del sujeto. La calve son elementos del enunciado que sirven como evidencias para que las suposiciones se acerquen a los correcto.

8 0
3 years ago
1. What are some of the advantages of the informal economy? 2. What are some of the disadvantages of the informal economy?
Valentin [98]
Some pros and cons of the informal economy:

1.) What are the advantages of the informal economy? (Pros)
1.1) Tax free remuneration and paid immediately in cash
1.2) Entrepreneurial spirit and having more control over your own life due to independence
1.3)Occupational skill building
1.4) Employment arrangements are relaxed and comfortable
1.5) It is the best solution to a temporary problem

2.) What are the disadvantages of an informal economy? (Cons)
2.1) There are no benefits for employees
2.2) The security of the economy is not guaranteed / lacking
2.3) There is a very limited credit establishment opportunity
2.4) People tend to slack in their work ethic
2.5) Not reporting income carries with it a lot of risk and penalties


7 0
3 years ago
Other questions:
  • Why were the islands of Oceania first divided into three groups?
    14·1 answer
  • A car has a mass of 1,000 kilograms. The weight of the car is _______newtons. Use g = 9.8 N/kg for gravity.
    11·1 answer
  • Explain whether the following statement is a fact or an opinion: "capitalism is a better system of government than communism."
    13·1 answer
  • What is the ultimate goal of transitions, patterns, and sequences?
    11·2 answers
  • Based on the map, which conclusion can be drawn<br> dar<br> about the Roman transportation network?
    12·2 answers
  • Which of the following might result in a lawsuit?
    13·2 answers
  • Which of these is an example of a labor law?
    7·1 answer
  • QUICKKK
    14·1 answer
  • a student reads a chapter in her textbook without much effort or interest, then is unable to identify any of the material when i
    13·1 answer
  • For years, Hector has played very loud music as the drummer of a classic rock band. If he does not protect his hearing, he will
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!