Answer and Explanation:
Factors of production are resources or inputs put into the production of goods and services. There are four factors of production. They are: land, labour, capital and entrepreneurship
Land is considered a non depreciablle factor of production. It refers to all natural resources or gifts of nature and income from it is called rent.
Labour is human capital or input in production example workers in a factory
Capital is man made goods utilized to produce other goods
Entrepreneurship/entrepreneur is the factor of production that organizes the other factors of production and carries the economic risk
From the example, the factors of production include:
The forest with all the wood which falls under land factor of production.
Bill who falls under labour factor of production
His father's chainsaw which falls under capital factor of production
Bill's idea to use logs of wood for Christmas tree business constitutes entrepreneurship and Bill is also the entrepreneur here. This falls under the entrepreneurship factor of production
Answer:
e two major factors that contribute to detrimental relationships are as follow: INFIDELITY: It refers to the breaking of promise by which an individual tries to remain faithful to his/her sexual partner, That partner who has been betrayed can feel anger, doubt, heartbreak and pain.
this is not my answer but i hope its helpful
Explanation:
Answer:
level of innovation in a firm.
Explanation:
Patents are a result of innovations. The higher the number of patents a firm has is a pointer that the firm is very innovative.
The correct answer is a job
The acronym SCORE stands for Survive Communicate Organize Resist Escape.
It is used to help guide your behavior in captivity. The Code of Conduct is a moral guide for military members when isolated or held against their will by entities hostile to the US.
