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Xelga [282]
3 years ago
12

Explain the four factors of production​

Business
2 answers:
Rus_ich [418]3 years ago
8 0

Explanation:

i can't explain it but

factor are land entrepreneur

Daniel [21]3 years ago
4 0
Four factors of production: land, labor, capital and entrepreneurship
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Many commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as
marin [14]

Answer:

off-peak pricing

Explanation:

Off-peak pricing is defined as the type of pricing where there is a lower charge for services when there is less flow of customers. It provides an incentive to keep customers that patronise a business when there is less demand.

When there is a rush or higher demand the price can now go higher.

In the given scenario where commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as they approach a toll booth. Also New York authorities the opportunity to manage traffic flow by charging different toll amounts for different times of day.

This is an off-peak pricing system

5 0
3 years ago
Suppose that we want to evaluate the effect of several variables onannual saving and that we have a panel data set on individual
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Answer:

Following are the responses to the given question:

Explanation:

Note that others will therefore increase his age by two percent from 2009 to 1992.

\Delta age_{i}=2  \ \ \  where \ \ i =1,2,....,n

And if the trend is running:

 \Delta saving_{i}=\beta _{0}+\beta _{1}\Delta age_{i}+...+u_{i}

We're breaking MLR.3 as \Delta agei it's the same for all -> No different from a permanent designer cannot immediately distinguish the influence of age from the aggregate time effect because age changes per person by the same amount.

6 0
3 years ago
You bought a new game for your PS3, but when you opened the package and used the disk on your machine, it burned out your PS3 an
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3 years ago
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If a family spends its entire budget in a given time frame, the family can afford either 10 restaurant meals or 30 home meals. A
Andrej [43]

The opportunity cost of one extra restaurant meal in the time frame is 3 home meals.

<h3>What is opportunity cost?</h3>

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. When the family chooses to go for the restaurant meal, they forgo the opportunity for a home meal.

Opportunity cost  = 30 / 10 = 3

To learn more about opportunity cost, please check: brainly.com/question/26315727

7 0
2 years ago
It's not an easy life, but it's a good life! Suppose you decide to take the summer off and sign on as a deck hand for a commerci
Eduardwww [97]

Answer:

Check the attached file

Explanation:

8 0
3 years ago
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