--%>
Assignment Help - homework help

Case of economic capital involve in production process

When Farmer MacDonald decides to plant a field complete of rutabagas, the economic capital involved within such crop production process would consist of the: (i) tractor he rides. (ii) land he farms. (iii) physical effort he puts into farming. (iv) money invested from his savings. (v) All of the above.

Please assist me to solve the problem of Resources in economics that is given above.

   Related Questions in Public Economics

  • Q : Property Rights I have a problem in

    I have a problem in economics on Property Rights. Please help me in getting the right answer from the following question. John Locke believed that the value and property rights derive from: (i) Social conventions prevailing inheritance. (ii) The helpf

    		•
  • Q : Define a common approach to economics A

    A common approach to economics involves studying how: (i) charging interest on loans can be ethical. (ii) resources are allocated to satisfy human wants. (iii) individuals and government should balance their budgets. (iv) to determine the best bargain

    		•
  • Q : Define economic assumption of

    As per the economic assumption of rationality, there people: (w) always behave with ideal rationality. (x) never behave in erratic or random ways. (y) tend to make decisions consistent along with their goals. (z) foresee completely the effects of thei

    		•
  • Q : Causes of an increment in the price of

    Please help me to solve the problem of price that is given below: A raise within the price of bread would: (i) Reasons more wheat to utilize to bake bread. (ii) Encourage more people to eat bread. (iii) Discourage

    		•
  • Q : Decision making and outputs as well as

    Particular decision making and how outputs and prices are determined are the mainly focus of: (w) Occam’s razor (x) microeconomic analysis. (y) macroeconomic theory. (z) economic efficiency Hey friends please give your opinio

    		•
  • Q : Problem of Slavery and Normative

    Please guys help me to solve the problem of Slavery and Normative Economics that is given below: Slavery like a mechanism for allocating labor previous to the Civil War eventually proved to be in conflict along wit

    		•
  • Q : Determine the supply of clothing when

    A pair of possible descriptions for simultaneous transfers of the demand for clothing from D0 to D1 while the supply of clothing transferred from S0 to S1 could be which: (1) unexpectedly cold and frequent blizzards caused M

    		•
  • Q : Bad motives make wrong decisions Which

    Which economic philosopher would have been most probably to have asserted which people do not have bad motives while they make wrong decisions; quite, they make bad computations? (w) Thomas Malthus. (x) Sir Edwin Chadwick. (y) Nassau Senior. (z) Jeremy Bentham. <

    		•
  • Q : When is normative economics crucial Can

    Can anybody suggest me the appropriate explanation for given problem regarding normative economics generally. Normative economics is critical while an economist tries to: (i) predict how OPEC's refuse will influenc

    		•
  • Q : Scaring people of a commodity or service

    Hello guys I want your advice. Please recommend some views for given problem that when are people of a commodity or service scarce: (1) gain from having this obtainable, (2) Wish more than the amount freely obtainable, (3) Say no to p

    		•