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gogolik [260]
3 years ago
5

Which of the following are the three major categories of resources?

Business
1 answer:
geniusboy [140]3 years ago
4 0

Answer:

E. Natural resources, Physical capital and Human capital

Explanation:

The above are the three major categories of resources because natural resources such as air, water etc are given by nature thus essential and constitute an important part of resources. Also, physical capital such as buildings, assets, motor vehicles etc are owned by a business or an organization to carryout daily business activities hence one of the major categories of resources.

Human capital is responsible for employing people to manage and control the natural resources and physical capital.

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Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exists f
Zina [86]

Answer:

Model Y

Explanation:

Calculation for the which model is the most profitable to produce

Using this formula

Most profitable to produce=Selling price-Direct materials-Direct labor-Variable support costs

Let plug in the formula

Model X $52 - $8 - $16- $5 = $23

Model Y $60 - $8- $16 - $10 = $26 Most profitable

Model Z $74- $8 - $33 - $10 = $24

Therefore the model that is the most profitable to produce is MODEL Y because it has the highest amount of $26

5 0
3 years ago
In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expe
N76 [4]

Answer:

$735 billion

Explanation:

Calculation to determine the national saving

Using this formula

National saving =Gross domestic product-Consumption expenditure-Government expenditure

Let plug in the formula

National saving=$2,450 billion-$1,390 billion- $325 billion

National saving=$735 billion

Therefore the national saving is $735 billion

7 0
3 years ago
Rodney Blevins is a vacuum cleaner salesman. He earns a 22 percent commission on every vacuum cleaner he sells. In the month of
lakkis [162]
The commission for the month of December is $2,767.60

Solution:
(1,258*10)= $12,580 we apply the 22% to that result and we obtain $2,767.60
3 0
3 years ago
A portfolio has 225 shares of Stock C that sells for $42 and 190 shares of Stock D that sells for $33. What is Stock C's weight?
Anuta_ua [19.1K]

Answer:

60.11%

Explanation:

Weight of stock C = Value of stock C / total value of portfolio

225 x $42 / (225 x $42) + (190 x $33) = $9450 /15720 = 60.11%

7 0
3 years ago
What concept is associated with the notion that employers can get greater effort from workers by paying them a relatively high,
il63 [147K]

Answer:

The correct answer is letter "B": efficiency wages.

Explanation:

Efficiency wage is the amount of money companies are willing to pay employees that is above the equilibrium wage in order to motivate them to increase the organization's productivity, thus, the firm's profits. This scenario implies that as workers are paid higher the unemployment rate is lower.

3 0
3 years ago
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