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FromTheMoon [43]
3 years ago
9

What are the differences between an increase in quantity of an economy's factors of production and an increase in the quality of

an economy's factors of production?
Business
1 answer:
Rufina [12.5K]3 years ago
8 0

Answer:

All factors have their own role to produce any item or service. We need four factors.

Land( a specified place)

labor

capital( money or equipment)

Entreprenuer( owner or manager who can take independent decisions)

There are many other invisible factors which can be added in above four important factors.

So any big or small factor contributes in making any product.

Explanation:

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When Lisa purchased her house, the mortgage lender required her homeowner's insurance to cover 100% of the loan amount. After ma
SOVA2 [1]

A) The cost to rebuild the house

This is due to the fact that there is no outstanding loan amount since the mortgage has been paid off.

8 0
3 years ago
The nation with the largest percentage of publically held land is
RideAnS [48]
The nation with the largest percentage of publicly held land is United state of America. These lands are usually set aside for different purposes such as parks, refuge camps, forests, historical places, etc.
6 0
3 years ago
Express Logistics provides the following​ information: Operating income $ 1 comma 600 comma 000 Net sales $ 13 comma 500 comma 0
pogonyaev

Answer:

Return on investment = 86.49 %

so correct option is B. 86.49%

Explanation:

given data

Operating income =  $1,600,000

Net sales  = $13,500,000

Average total assets = $1,850,000

target rate of return  = 30​%

to find out

company's return on​ investment

solution

we get here Return on investment that is express as

Return on investment = Operating income ÷ Average total assets   .............1

put here value we get

Return on investment = \frac{1,600,000}{1,850,000}

Return on investment = 0.86486

Return on investment = 86.49 %

so correct option is B. 86.49%

7 0
4 years ago
Tharaldson Corporation makes a product with the following standard costs:
Nat2105 [25]

Answer:

Material Quantity Variance= $ 3240 Unfavorable

Explanation:

Given

Standard Quantity   Direct materials 5.8 ounces

Standard Price$ 3.00 per ounce * 5.8= $ 17.40

Actual output 3,400 units

Raw materials used in production 20,800 ounces

Purchases of raw materials 21,900

Working

Standard Material required for  3,400 units *5.8= 19720 ounces.

Standard Price for 19720 ounces* 3= $ 59160

Material Quantity Variance= (Standard Price * Actual Quantity)-(Standard Price * Standard Quantity)

Material Quantity Variance= 3*20,800 - (3* 19720)

Material Quantity Variance= $62400- $ 59160= $ 3240 Unfavorable

It is unfavorable because the actual quantity used is more than the standard usage.

6 0
3 years ago
The process by which managers decide how to divide into specific jobs the tasks that have to be performed to provide customers w
Ray Of Light [21]

Answer:

Design

Explanation:

Job design is a core function of human resource management and it is related to the specification of contents, methods and relationship of jobs in order to satisfy technological and organizational requirements as well as the social and personal requirements of the job holder or the employee.

Its principles are geared towards how the nature of a person's job affects their attitudes and behavior at work, particularly relating to characteristics such as skill variety and autonomy. The aim of a job design is to improve job satisfaction, to improve through-put, to improve quality and to reduce employee problems.

6 0
3 years ago
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