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castortr0y [4]
3 years ago
15

What is a land as a factor of production

Business
1 answer:
Lilit [14]3 years ago
4 0

Answer:

see below

Explanation:

Land as a factor of production will comprise the natural resources found beneath, on, and above the earth's surface. Land will therefore include the fertile land/soils used for agricultural productions, minerals, oil and gas, forests, water, and the space used to put up factories and businesses.

Land consists mostly of natural resources occurring on earth. The other factors of production consist of capital, labor, and entrepreneurship.

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In the 1980s, the U.S. government forced Japanese automakers to limit their exports to the United States. The union representing
never [62]

Answer:

A) save domestic jobs

Explanation:

Domestic jobs: These are the categories of jobs that are available in the national country of the company or within the boundary of the country, which has a preference for the local population and has more responsibility toward national´s resources, however, foreign companies have less responsibility toward national´s resources and their sole motive is to earn profit at a lesser cost.  

In the given case, Japanese company´s export to the U.S have affected the domestic jobs as their motive is to maximize profit, which leads to an argument for protection of domestic job in U.S auto industry, therefore, US government have limited the export of Japanese automaker.

7 0
3 years ago
What are the fundamental differences between mutual funds and hedge funds?
Nady [450]
The correct answers are: 

<span>A.)mutual funds are more strictly regulated than hedge funds
</span><span>D.)mutual funds collect money from investors while hedge funds from companies

Mutual funds are investment programs that are funded by shareholders while hedge funds are invested funds from borrowed money. In terms of an investment program, mutual funds are more effective.</span>
6 0
3 years ago
Read 2 more answers
Over a​ five-year span, the Acme Company reduced the amount of labor it hired. At the same​ time, the marginal productivity of l
White raven [17]

Answer:

D) all of the above

Explanation:

Probably the single most labor reducing factor is new technology and how it is applied within a business. Automation is probably the single most important labor reducing factor in the US over the last 30 years. This is specially for factory workers, since automation is responsible for fewer industry jobs, not China.

New technologies increase marginal returns for labor and they also have changed organizations completely.

Computers, the internet, smartphones, Amazon, etc., have changed our world. Even the military has changed, a pilot can be located inside a US base and his airplane is flying a mission in the Middle East.

8 0
3 years ago
Katie can mitigate the problem without alerting the new owners or let them know about this new disclosure and possibly delay or
slava [35]

Answer:

Ethical

Explanation:

The ethical dilemma means the uncertainties form that developed due to violation of the moral standard that would be held in our life

It would be considered right when she tells to the client regrading the mice problem but she is discouraged as she know that if she do this than she would mess up with the sales that decrease the salary

So this given situation represent an ethical dilemma

7 0
3 years ago
You and your friends have decided to build a skateboard ramp behind your house. You have already purchased $500 in materials and
alexandr402 [8]

Answer:

(a) $500

(b) $620

(c) $180

(d) $72

Explanation:

Explicit costs refers to the which are incurred during running the business and these costs affects the profitability of the company.

Implicit costs refers to the opportunity cost of selecting some other alternative.

(a) Here, the explicit cost is the cost of purchasing materials = $500

(b) If I rent an electric saw, then the explicit cost is as follows:

= Purchasing cost of material + (Rent × No. of hours to build ramp)

= $500 + ($20 × 6 )

= $500 + $120

= $620

(c) If I use a handsaw, then the implicit cost is as follows:

= Hours to build ramp × A job pays $12 per hour

= 15 × $12

= $180

(d) If I rent an electric saw, then the implicit cost is as follows:

= Hours to build ramp × A job pays $12 per hour

= 6 × $12

= $72

4 0
3 years ago
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