--%>
Assignment Help - homework help

Fundamental categories for economic resources

The four fundamental categories for economic resources are: (w) matter, energy, technology and information. (x) wages, rent, interest and profits. (y) land, labor, capital and entrepreneurship. (z) machinery, energy, workers and government.

Can anybody suggest me the proper explanation for given problem regarding economic resources generally?

   Related Questions in Public Economics

  • Q : Estimate relative cost When SCUBA

    When SCUBA vacations are $480 and DVDs are $16, in that case what is the relative cost of a SCUBA vacation within terms of a DVD?: (i) 30 disks. (ii) 360 disks. (iii) 180 disks. (iv) 20 disks. (e) 3,600 disks. I ne

    		•
  • Q : People thinking about invisible hand of

    Adam Smith’s “invisible hand” consider as to a process through which people think: (w) trying to serve their own interests also exploit social well being. (x) rely upon democratic governments to make main economic decisions. (y) base

    		•
  • Q : Economic growth and development I have

    I have a problem in economics on Economic growth and progress. Please help me in the following question. The Economic growth in a proficient economy will be decreased by: (i) Investment in new capital. (ii) Technological advances. (iii) Expanding the

    		•
  • Q : Law of diminishing returns The idea

    The idea that costs ultimately grow faster than output if output is expanded obeys logically from the law of: (i) Increasing expectations. (ii) Raising returns to scale. (iii) Diminishing returns. (iv) Demand and supply. (v) Rational effects.

    Q : When scientific economic analysis NOT

    Please help me to solve the problem of Normative Economics that is specified below: Scientific economic analysis could NOT be utilized for test if there: (i) higher tax rates cause tax revenues to decrease. (ii) on

    		•
  • Q : Case of fuel efficient machinery in

    If the soybean market begins in equilibrium on S0D0, and in that case farm machinery becomes more fuel efficient, the market changes to: (1) S0D1. (2) S1D2. (3) S1D0. (4) S2D1

    		•
  • Q : Comunity engagement and education

    identify the modes employed in the management of comunity ECD programes in your community and explain them in the following lines 1 sole proprietorship and corporation 2 NGO mode 3 donor managed and ommunity owned

    		•
  • Q : Example of Normative Economic Goals

    Please help me to solve the problem of Normative Economic Goals that is given below: Almost everybody in the world would favor a normative economic aim that people all over must have: (i) high standards of living.

    		•
  • Q : Problem on Laissez-faire The movement

    The movement towards laissez-faire policies would best be described by a strategy to: (1) Stimulate the domestic production by raising import tariffs. (2) Remove laws to subsidize farming. (3) Guarantee food stamps for fundamental survival. (4) Functi

    		•
  • Q : Governmental allocations of non-human

    The fundamental foundations of a capitalist system do not comprise: (1) Supplies and demands. (2) Private property rights. (3) Governmental allocations of non-human resources. (4) Laissez faire policies. (5) Market-determined prices and outputs.

    		•