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
PtichkaEL [24]
4 years ago
10

Suppose that businesses buy a total of $120 billion of the four resources (labor, land, capital, and entrepreneurial ability) fr

om households. if households receive $68 billion in wages, $14 billion in rent, and $24 billion in interest, how much are households paid for providing entrepreneurial ability?
Business
1 answer:
Bingel [31]4 years ago
7 0
To consider this question, we must consider the relationship between the resources and their costs.
Labor: The price that companies pay for labor is the wage. The businesses paid $68 billion for labor
Land: The price of land that business pay is rent (assuming they do not own the land). The business paid $14 billion for land. 
Capital: The cost of using capital is the interest paid on that capital. The businesses paid $24 billion for using capital. 

This leaves entrepreneurial ability. It is more difficult to discern the payment for this resource, as it is less tangible and thus has a less direct cost. From the payment for other resources and the total payment to households, we can infer the payment for entrepreneurial ability:
120 - 68 - 14 - 24 = $14 Billion
You might be interested in
Does the overcast amount in the debtors journal go into cost of sales or only debtors allowance?
AVprozaik [17]
I think it’s only debtors allowance
8 0
3 years ago
Which of these producer activities did you participate in this week? Check all that apply.
Deffense [45]

Answer:

2nd and 4th

Explanation:

5 0
3 years ago
Ronaldo, the general manager of RipnRoll Furniture, believes that each employee must thoroughly understand the goals of the orga
lora16 [44]

Answer:

The correct option is (B).

Explanation:

According to Ronaldo, the general manager of Ripnroll furniture, the most critical aspect that every employee must focus on is to understand and fulfill the company’s goals and objectives. When an employee focuses on the goals of the organization, it will help them to improve their performance, and ultimately they will achieve job satisfaction and an improved job performance.

7 0
4 years ago
Wallaby Kite Company, a small Melbourne firm that sells kites on the Web, wants a master budget for the three months beginning J
pishuonlain [190]

Answer:

ask brainly lol

Explanation:

3 0
3 years ago
A metal sphere of radius 15 cm has a net charge of 3.0 $ 10#8 C. (a) What is the electric field at the sphere’s surface? (b) If
denis-greek [22]

Answer:

E = 1.20 × 10^{4} N/C

V = 1800 V

x = 0.058 m

Explanation:

given data

radius = 15 cm

net charge = 3 × 10^{-8} C

electric potential decreased = 500 V

solution

we get here electric field at the sphere’s surface that is

electric field at the sphere’s surface E  =  \frac{q}{4\pi \epsilon _o R^2}   ............1

put here value

electric field at the sphere’s surface E  = \frac{3\times 10^{-8}\times 8.99\times 10^9}{ 0.15^2}    

E = 1.20 × 10^{4} N/C

and

potential on surface of sphere is

V =  \frac{q}{4\pi \epsilon _o R} ................2

V = \frac{3\times 10^{-8}\times 8.99\times 10^9}{ 0.15}  

V = 1800 V

and

now we get distance that is x

and we know here

ΔV = V(x) - V   ..............3

substitute here value

-500V = \frac{q}{4\pi \epsilon _o } \times (\frac{1}{R+x} - \frac{1}{R})

-500 V = {3\times 10^{-8}\times 8.99\times 10^9} \times (\frac{1}{0.15+x} - \frac{1}{0.15})

solve it we get x

x = 0.058 m

3 0
3 years ago
Other questions:
  • If the typical balance on Lucy's credit card is $650 and the interest rate (APR) on her credit card is 18%, how much in interest
    12·1 answer
  • In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca
    6·1 answer
  • Why can a bank afford to pay interest rate on a savings account
    6·2 answers
  • In​ 2012, the nominal wage rate for unionized carpenters was​ $37.50 and the CPI was 204. Calculate the real wage rate for this
    10·1 answer
  • Fabtabtix, a designer clothing brand, has been selling clothes in the country of Grolania for over 30 years. With more number of
    5·1 answer
  • On January 1, 2014, Fishbone Corporation sold a building that cost $260,300 and that had accumulated depreciation of $105,700 on
    12·1 answer
  • Josh is a vice-president for 20th Century Fox, a movie production company. He has the responsibility for managing the firm’s mar
    13·1 answer
  • Help plssssssssssssss
    8·1 answer
  • Using the summary of the accident, calculate the total dollar value of the property damage
    13·1 answer
  • If aggregate expenditure in an economy equals 1,000 0. 9y and full employment real gdp equals 9,000, then this economy has:_____
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!