Resources and Factors of Production
Of the given words, the term most synonymous along with the term “factor of production” is: (i) technology. (ii) innovation. (iii) entrepreneur. (iv) capital. (v) resource. Please guys help to solve this problem of economics with some explanation.
Of the given words, the term most synonymous along with the term “factor of production” is: (i) technology. (ii) innovation. (iii) entrepreneur. (iv) capital. (v) resource.
Please guys help to solve this problem of economics with some explanation.
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
Land, labor, and capital are all scarce since: (w) human wants are restricted. (x) less is obtainable than people want. (y) each productive resource needs a monetary return for its use. (z) once employed they cannot be used again. Q : Illustrate new public housing rent free Giving new public housing "rent free" to the poor: (i) makes public housing a free good. (ii) involves no opportunity cost. (iii) is the merely way to shelter the homeless. (iv) only transfers costs from one group to the other. Ple
Giving new public housing "rent free" to the poor: (i) makes public housing a free good. (ii) involves no opportunity cost. (iii) is the merely way to shelter the homeless. (iv) only transfers costs from one group to the other. Ple
The country’s production-possibilities curve exhibits: (i) Which combination of goods are best for the society. (ii) Output combinations which fully employ society's resources. (iii) Demands for various resources. (iv) Monetary quantities and pr
The payments to entrepreneurs are the: (i) interest earned by saving money and managing main corporations. (ii) rental payments by extensive land holdings. (iii) profits occurrence from bearing uncertainty and risk, innovating new goods and technologi
While people sincerely refer to something like "priceless", so they most likely mean that this is: (a) mostly meaningless to name a monetary price since its opportunity cost is more high. (b) worthless junk on that they place no value. (c) irreplaceab
In words of Adam Smith, The Wealth of Nations had given an explanation of work how: (w) dictatorship is more efficient than democracy. (x) economic processes work in a communistic society. (y) real estate investment is a exact path to
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
I require a good answer on the topic of Economic problems. Please provide me your suggestion that where illustrations of production are not contain: (i) Using canned chocolate icing to decorate a cake made with “store-bought” cake mix, (ii
The early school of social economics and philosophy which strongly emphasized education like a mechanism for social reform were: (i) utilitarians. (ii) physiocrats. (iii) mercantilists. (iv) classical. (v) neoclassical. Discover Q & A Leading Solution Library Avail More Than 1413210 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1941002 Asked 3,689 Active Tutors 1413210 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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