Answer:
Factors of production
Explanation:
The general name is factors of production. They are also the 'inputs' in the production process.
The factors of production are combined or put together for the productions of goods and services to happen. The four factors include land, which represents the natural resources in this case.
<u>Land</u> refers to the space used to set up a business, and fertile lands used for agriculture, minerals, oil and gas, forest, and other natural resources.
<u>Labor </u>is the human input in production. It involves workers' knowledge, skills, strength, and time spent on the production process.
<u>Capital </u>is the money and assets used to start and maintain the business operation. It includes plant and machinery, equipment, building, factories used in making products for sale.
<u>Know-how </u>refers to entrepreneurship. It is the skills, willingness, and ability to put together and manage the other factors to produce goods.
Answer: $332.1
Explanation:
Given that,
Monthly collected balance = $600,000
Bank pays an earning credit rate = 0.75%
Reserve Requirement Ratio = 10% of $600,000
= $60,000
Investable amount = Monthly collected balance - Reserve requirement amount
= $600,000 - $60,000
= $540,000
ABC's monthly earnings credit:
= Investable amount × Earning credit rate × Time period
= 540,000 × 0.75% × 
= $332.1
Answer: Option A
Explanation: In simple words, substitution effect refers to the economic phenomenon which states that when price of one good rises the demand for the alternative of that particular good also rises. For example - coke and pepsi.
On the other hand, income effect states that when the price of a commodity rises, a number of consumers might find it hard to purchase due to the price exceeding their income power which further results in lower demand.
Hence from the above we can conclude that the correct option is A.
The answer is recency effect. The recency effect happens when you only remember the things or events that just happened in a recent time.In this case, Sheldon is showing the recency effect because he only remembered the last part of the list that he was going to buy. If Sheldon had remembered the first part, then he is experiencing the Primary effect, which is the opposite of recency effect
Answer:
D
Explanation:
The number of workers who have received training in high tech fields far exceeds the number of job openings in these areas.
