Using knowledge for applying energy to create materials

I want a good answer on the topic of Economic problems. Please give me your suggestion that using knowledge for applying energy to create materials more valuable is termed as: (i) Economic profit, (ii) Innovation, (iii) Servicing, (iv) production and (v) commodification.

Can anybody suggest me the proper explanation for above problem.

View Complete Question

Related Questions in Public Economics

Q : Comparative Systems-Socialism I have a

I have a problem in economics on Comparative Systems- Socialism. Please help me in the following question. From roughly 1890 till year1990 or thus, the main challenger of capitalism was: (1) Monarchy. (2) Fascism. (3) Socialism. (4) Anarchism.

Q : Entails of a technical approach to

A technical approach to economics entail: (1) positive questions since this cannot resolve normative matters. (2) normative questions since this cannot resolve positive matters. (3) positive and normative questions since this can resolve all matters.

Q : Economic capital and recipes for

The knowledge embodied within economic capital and the “recipes” people make use of to combine materials, energy and other resources therefore production happens are commonly considered to as which one: (i) The production function, (ii) Ca

Q : Define the root of normative economics

Value judgments which address what “must be” are at the root of: (1) microeconomics. (2) scarcity economics. (3) normative economics. (4) positive economics. (5) macroeconomics. How can

Q : Improvements in Economic growth I have

I have a problem in economics on Improvements in Economic growth. Please help me in the following question. Economic growth would be encouraged by enhancements in: (1) Economic efficiency. (2) Technology. (3) People’s attitudes. (4) Unemployment

Q : Function to organizing productive

Can someone explain me with best solution regarding problem of organizing productive resource and innovating new products... Organizing another productive resource, innovating new products and production methods, and willingness to

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 : Fundamental categories for economic

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.

Q : Define cut costs without reducing the

A firm which could cut costs without reducing the value of its output is experiencing as: (i) Allocative inefficiency. (ii) Productive inefficiency. (iii) Distributive inefficiency. (iv) Technological decline. Can

Q : Define the economic theories Economic

Economic theories are: (w) true with definition. (x) generally excellent in theory but wrong during practice. (y) made up of generalizations regarding economic behavior. (z) normative, whereas economic policy is more positive.

Discover Q & A

Leading Solution Library

Avail More Than 1419656 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1958126
Asked

3,689

Active Tutors

1419656

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment