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
7nadin3 [17]
3 years ago
12

Directions: Respond to the question by writing in complete sentences and using academic

Social Studies
1 answer:
Andrews [41]3 years ago
8 0

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

You might be interested in
assess the potenitial consequences for islands if global warming continues. which of the following is most serious for the pacif
zhuklara [117]
If global warming continues than many islands will be underwater in a few years
8 0
3 years ago
When people's symptoms of psychological distress are at their worst, whatever they do to try to alleviate the condition is likel
ddd [48]

Answer:

The answer is "regression toward the mean".

Explanation:

Regression towards the normal distribution is also known in statistical data as median regression, reversal to mean and reversal to mediocrity is the concept that emerges whenever a sample point of the random variable is almost an outliers, a futuristic point probably is closer to the center or average. Even before symptoms of depressive symptoms are by far the worst, anything they do to try and alleviate this same condition is more likely than worsening to improve. This is better illustrated by the return to the mean.

6 0
3 years ago
List at least three characteristics of the mountain environment
sveticcg [70]

Answer: The Mountain Environment. What is a Mountain? The dictionary defines a mountain as that which is 'higher and steeper than a hill'. A mountain is a landform that rises high above the surrounding terrain in a limited area. They are made from rocks and earth.

Explanation:

3 0
3 years ago
Which statement describes a person's ethnicity?
Julli [10]

Answer:

C

Explanation:

As it says indian is not a religion but ethnicity

7 0
3 years ago
Read 2 more answers
Which sentence best expresses the passage’s main idea?
-Dominant- [34]

Answer:

The answer is C

5 0
3 years ago
Other questions:
  • In Milgram's obedience experiments, "teachers" exhibited a somewhat lower level of compliance with an experimenter's orders when
    11·1 answer
  • During a speech apologizing for racial remarks made by a member of the police department, the chief of police avoided making eye
    11·1 answer
  • Which migration-related problem is the Sun Belt experiencing? a young population overused water resources abandoned factories dy
    7·2 answers
  • Your roommate argues that computers can perform several complex tasks better and more accurately than humans. you counter her ar
    10·1 answer
  • Individuals are _____ sensitive to unannounced changes in contingencies that were formulated through contingency shaping over th
    7·1 answer
  • Which conclusion can be drawn regarding the 1940 US Census information?
    11·1 answer
  • A set of moral principles or values held by a person or a society is called
    11·2 answers
  • 3 column chart titled Categories of Civil Law. Column 1, Law, Fraud, Negligence. Column 2, Contract Law, Agreements between part
    6·2 answers
  • The main disagreement about adding a bill of rights was whether…
    11·1 answer
  • American colonizers forced the native peoples of the americas from their indigenous lands onto reservations along the frontier.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!