Answer:
Factors of Production: Land, Labor, Capital
What It Means
In economics the term factors of production refers to all the resources required to produce goods and services. A paper company might need, among many other things, trees, water, a large factory full of heavy machinery, a warehouse, an office building, and delivery trucks. It might require a thousand workers to run the factory, take orders, market (or sell) the paper, and deliver it to wholesalers or retail stores. It might need thousands more resources of varying size and cost. Some of these items, such as workers’ skills, might be intangible. Together, these resources constitute the factors of production necessary for the paper company to do business.
Though the number and variety of the different resources businesses require is limitless, economists divide the factors of production into three basic categories: land, labor, and capital. Land refers to all of the natural resources that businesses need to make and distribute goods and services. Among the resources that the paper company requires, the trees and water used to make paper would be classified as land, as would the ground on which the factory, warehouse, and office buildings are located. In economics, terms as various as gold, soil, forests, oil, coal, air, lakes, rivers, wildlife, fish, the sun, and even outer space fall under the heading of land. All of these things are alike in that they are provided by nature rather than made by humans.
Labor refers to the workers necessitated to produce goods and services. The factory workers, office workers, marketing staff, and sales staff of the paper company would all be considered labor. Labor includes not just the number of employees but also the various abilities called for from workers. The labor needs of a paper company would probably differ substantially from the labor needs of a computer company, even if both needed the same number of employees.
Capital refers to the human-made equipment required to produce goods and services. The paper company’s factory, machinery, office building, and delivery trucks would be examples of capital. Sometimes capital is also defined to include the money used to buy such equipment and to start and maintain business operations.
Some economists include a fourth category among the factors of production: entrepreneurship. Others consider entrepreneurship a form of labor or capital. An entrepreneur is someone with the creative ability required to organize the other factors of production in ways that produce profits. The profitability of the paper company depends not simply on the presence and quality of its land, labor, and capital but also on the decisions made about how to employ these resources.
On a national scale the study of economics looks at problems related to the scarcity of resources, among other things. Since no economy has an unlimited supply of the factors of production, it is not possible to satisfy all of a population’s wants and needs. All societies must make choices about how to use resources. In a market economy these choices emerge from the interactions of countless individual buyers and sellers competing with one another for profit and economic well-being. Economists study how these choices are made and how they might be made differently
Explanation:
Discuss what the author is referring to when he writes, “Hazel had had enough.
Answer: The author probably was referring to Hazel being mad/annoyed/frustrated that something happened
In a story containing the following points, which would likely occur LAST?
A) Franklin was excited about his upcoming hicking trip.
B) The night before the trip, Franklin could barely sleep.
C) On the day of Franklin's hike, the sunny weather was perfect.
D) Franklin went to the outdoor sportsstore to buy new hiking boots.
Answer:
C
Explanation:
Pretty sure it's C, bc d and b talk about the day before and same thing goes for A.
Please answer the photo of the question below in 4 sentences!! :)
Answer: Yes.
Explanation: Currently we live within a society where peer pressure is a serious issue, it pressures people to do things they dont neccessarily want to do or are too scared to try. For instance, marijuana is a common substance within high school, a lot of these young adults smoke it to be "popular" or "cool" when really they don't care for it much. That is why drug tests are important especially among athletes, it is common knowledge that many athletes have attempted steroids, a muscle enhancer that helps to quickly build muscles and is an easy shortcut.
Hope this helps :))
How did Matt finally earn Attean's respect?
Answer:
study hard ,because inorder to earn you need to be a hard worker
Which assumption can be made based on details in the text? Answer choices for the above question Manuel is an excellent student. Mr. Ramos is engaged in Manuel’s schoolwork. Manuel is unhappy with Mr. Ramos’s opinions. Mr. Ramos is a literature professor.
Answer: Mr. Ramos is engaged in Manuel’s schoolwork.
Explanation:
This is based on the passage, ''Winter Break'' about a man named Mr. Ramos who goes to pick his son, Manuel, on the last day before winter break.
They have a conversation about what Manuel will be doing in the holidays and about a book he is to read in the coming semester which was to be replaced because it had harmful stereotypes and offensive language.
From the passage we see how interested Mr. Ramos is in the academic work of Manuel as he offers to read with him, checks school emails and offers to contact the principal to ensure his son learns the valuable lessons in a novel.
write an introduction for an essay given the following information.
Anytime you use information from a text, either word-for-word or in your own words, you are _____.
A. quoting
B.paraphrasing
C.citing
D.summarizing
Answer:
B paraphrasing
Explanation:
what are Cochlear implants in children
Globally, how have our lives and habits changed that may have contributed to the global epidemic?
Help please is for today
Answer:
4. That you can't change what you look like. So love yourself the way you are.
Answer and Explanation:
3. There will always be something better than what you have, and those things will always be out of your reach. The grass being greener on the other side of the fence represents those items that people want that is better than what they have, but they can't get the item.
4. You can't what you look like or where you came from. It is implying that although you can't change these physical factors, there are other ways to change and make you stand out. Its saying to be proud of what you look like and where you are from, and its not just those features that makes you yourself.
#teamtrees #PAW (Plant And Water)
Please anyone help me ASAP with this essay for English.
Answer: Pick a person, any person,your relatives, friends, celebrities it can be anyone.
Write about that person's features, quality, personality and a good deed that they have done or would do and then write an experience that made you realise that they are your idol
Carmen is planning rail lines for a new train station.
Answer:
umm ;-; Ok any other information?? ur question is very incomplete...
Explanation:
Answer:
m<1 =163 degrees
163,17,163,17 (all in degrees)
163,17,163,17 (all in degrees)
Explanation:
I have duplicated and joined a chart (in figure 1) of the issue.
For simplicity of comprehension, I have connected a second outline which is named.
On line a
17+<CBE=180 (Linear Pair Postulate)
m<2=<CBE=180-17=163 degrees
<ABG=<CBE=163 degrees (Vertically Opposite Angles)
<ABE=<GBC= 17 degrees(Vertically Opposite Angles)
On line b
m<1=<DEB=<ABG=163 degrees (Corresponding Angles)
<BEF=<GBC= 17 degrees (Corresponding Angles)
<HEF=<DEB=163 degrees (Vertically Opposite Angles)
<DEH=<BEF=17 degrees (Vertically Opposite Angles)
Accordingly:
m<1 =163 degrees
Clockwise from upper left, the points shaped with line an are: 163 degrees, 17 degrees, m<2=163 degrees and 17 degrees.
Clockwise from upper left, the points shaped with line b are: m<1=163 degrees, 17 degrees, 163 degrees, and 17 degrees.
you should put on____clothes if you don't want to ____ a cold.
A)warm/catch
B)thick/take
C)healthy/keep
D)fit/have
Answer:
A
Explanation:
Based on the article, which of the following is
TRUE?
А
Earth Day was founded in America in the
1950s.
B
The goal of Earth Day is to raise money
for the environment.
C
Senator Gaylord Nelson wanted people
to know the planet was in danger.
D
Today, about 1 million people celebrate
Earth Day around the world,
Answer: C
Explanation:
Which BEST states the meaning of "clan" as it is used in lines 25 and 58 of poem
Answer:
i cant see the poem but clan is a group
Explanation:
from Life Without Principle
The tone of the essay can best be described as
A. condescending and arrogant
B. impassioned and indignant
C. dreamy and idealistic
D. philosophical and scientific
E. pedantic and academic
Answer:
B.
impassioned and indignant
Explanation:
An article on rain forests is divided into four sections with the following headings: Climate, Forest Floor, Plant Life, and Dangers. In which section would you find information about the average temperature in a rain forest?
A. Climate
B. Forest floor
C. Plant life
D. Dangers
Answer: Climate
Explanation: I believe you would find the avg. temperature f the rain forest in the climate section. When scientists talk about climate, they're looking at averages of precipitation, temperature, humidity, sunshine, etc.
Hope this helps :))
Pick the option below with the correct punctuation, spelling, and grammar.
A. "I can't answer that question." he says with a sly smile.
B. "I can't answer that question." He says with a sly smile.
C. “I can't answer that question," he says with a sly smile.
D. None of the above.
Answer:
C. “I can't answer that question," he says with a sly smile.
The second statement is written correctly since the correct option is "I can't answer that question." He says with a sly smile.
Which statement has correct punctuation, spelling, and grammar?
The second statement is written correctly with correct punctuation, spelling, and grammar.
Reason are folowing:
In first statement the first letter of he should be capital.In third statement also the first letter of he should be capital.In the third statement there is also punctuation change.Learn more about Punctuation here https://brainly.com/question/1224394
#SPJ2
What does Jerry do when he completes his swim through the underwater tunnel?
Answer:Jerry completes a rite of passage by successfully swimming through the underwater tunnel. When the English boy Jerry, who is on holiday with his mother, first leaves her and goes to the bay, he swims out to where rocks are "like discolored monsters under the surface," and he finds himself out in the real sea
Explanation:
Answer:
He dose he's happy dance
Explanation:
hes a cat so he cant do much then he gose in the tunnel then hes happy!!!!!!
?
Which sentence has a neutral connotation?
w
A. I could hear Stephanie strumming the guitar in the hall.
B. I could hear Stephanie playing the guitar in the hall.
C. I could hear Stephanie plunking the guitar in the hall.
D. I could hear Stephanie twanging the guitar in the hall.
Answer:
if I am not wrong the right anwser is anwser 2
Which sentence in the passage above has an error
where's the passage?
is it invisible
lol
Which term is used for sharing thoughts, feelingsand experiences?
Answer:
Self Disclosure. It is a process of communication by which one person reveals information about themself to another. The information can be descriptive or evaluative, and can include thoughts, feelings, aspirations, goals, failures, successes, fears, and dreams, as well as one's likes, dislikes, and favorites.
2. How would the news be different today if it was spread through letters, publicly posted notices and town criers?
Answer:
The news would likely be arriving slower and later. The explanation for this reasoning is town cries need time to reach destinations. Letters would also require an amount of time. Lastly, publicly posted notices are etched into stone which might take a while depending on the length of the note.
Explanation:
Hope this helped!
Have a great day!
Which poems Uses both lambic pentameter and blank verse
Answer:
Explanation:
Blank Verse Form poem uses both iambic pentameter and blank verse.
6. As used in line 4, "distinction” most
nearly means
A) difference.
B) feature.
C) clarity.
D) prestige.
How does Samuel try to befriend Richard
Answer:
by letting him down gently
Explanation:
Which word is repeated most often in "One Art"?
A. Master
B. Travel
C. Continent
D. Realms
Answer:
A
Explanation:
In the short story "The Palace Thief", Sedgwick is caught cheating
in both the first and second Mr. Julius Caesar competition. (True or
False)
The photo of the question is below, 4 sentences please!! :)
possibilities. You are not limited by a set list of options. If you
A central idea of the text is that people are smarter than computers because people
O possess a larger capacity for memory.
can follow instructions more quickly
pay closer attention to what they do.
O have different kinds of mental abilities.
Answer:
I’m not sure but I think the answer is “Have Different Kinds Of Mental Abilities”
Explanation: Don’t choose this answer yet I’m not sure