Which of the following is not considered as a factor of
production?
a) Land
b) Unskilled labor
c) Money
d) Machinery and equipment
Answers
Money is not considered as a factor of production, while land, unskilled labor, and machinery and equipment are recognized as factors of production.
Factors of production are the resources used in the production process to create goods and services. They are the inputs that contribute to the production of output. The traditional factors of production are land, labor, and capital.
Land refers to natural resources, such as land itself, minerals, water, and other raw materials. It represents the physical space and natural endowments used in production.
Labor encompasses the human effort and skills involved in production. It includes both skilled and unskilled labor, representing the workforce's contribution to the production process.
Machinery and equipment, often referred to as capital, are physical assets used in production. They are tools, machinery, buildings, and other tangible goods that aid in the production process.
Money, on the other hand, is not considered a factor of production. Money serves as a medium of exchange and a unit of account, facilitating transactions in the economy. While money is necessary for conducting economic activities, it is not directly involved in the production process itself. Instead, money functions as a medium of exchange to acquire the factors of production and other goods and services necessary for production.
Learn more about physical assets here: https://brainly.com/question/29704127
#SPJ11
Related Questions
Which of the following is an organizational issue that is often covered in employee orientation programs?
a employee benefits
b Job duties
c disciplinary regulations
d vacaticens and haliday
e pay scales
Answers
The option that is most commonly and extensively covered in employee orientation programs is a) employee benefits. Option A
Employee benefits are an essential part of an organization's compensation package and play a significant role in attracting and retaining talented employees.
During employee orientation programs, organizations typically provide detailed information about the various employee benefits available to the new hires. This can include health insurance plans, retirement plans, paid time off, parental leave, employee assistance programs, and other perks or incentives offered by the organization.
Job duties are also commonly covered in employee orientation programs. New employees need to have a clear understanding of their roles, responsibilities, and the tasks they are expected to perform.
Orientation programs often provide an overview of the job duties, key responsibilities, and performance expectations to ensure that employees are aware of their roles and can start contributing effectively.
Disciplinary regulations may also be covered during employee orientation. This involves educating new employees about the organization's code of conduct, policies, and procedures, and the consequences of violating them. It helps establish expectations for behavior and conduct, ensuring a productive and respectful work environment.
Vacations and holidays, as well as pay scales, are typically addressed during the onboarding process as well. Employees need to be informed about the organization's vacation policy, how holidays are observed, and the process for requesting time off.
Additionally, orientation programs may provide information about pay scales, salary structures, and how compensation is determined within the organization.
Option A
For more such questions on orientation programs visit;
https://brainly.com/question/29771125
#SPJ8
Each time Eddie's Cars sells a vehicle, the company receives a larger discount from the manufacturer. At the end of the fiscal year, the company often slashes its prices by several hundred dollars per car because that amount will be more than offset by the increased discount the company receives from the manufacturer. The manufacturer is giving Eddie's Cars ______. Multiple choice question. a seasonal discount zone pricing a cumulative quantity discount a slotting allowance
Answers
Answer:
a cumulative quantity discount
Explanation:
The cumulative quantity discount is the discount that is depend on the value of the good purchased over a time period. The discount would be applied for any kind of shipments that made within the timeframe.
Just like if wholesaler make an offer that if the purchase is done more than $5,000 so 5% discount is applied
So according to the given situation, it represent the cumulative quantity discount
como aparece mademe pernelle? ¿Por que desea tanto irse desprisa de la casa
Answers
Answer:
porque esta triste por culpa de su amiga
Total sales: $60,230 Rate of commission: 6% on first $40,000
7% on next $10,000;
8% on sales over $50,000
Income: ?
Answers
Answer:
1000000 wdnjdkdidhxh fdjjxifid
Under the liability provisions of section 11 of the Securities Act of 1933, auditors may be liable to any purchaser of a security for certifying materially misstated financial statements that are included in the registration statement. Under section 11, auditors usually will not be liable to the purchaser a) If auditors can show contributory negligence on the part of the purchaser. b) If auditors can demonstrate due diligence. c) Unless the purchaser can prove privity with auditors. d) Unless the purchaser can prove scienter on the part of auditors.
Answers
Answer:
b) If auditors can demonstrate due diligence.
Explanation:
Under the liability provisions of section 11 of the Securities Act of 1933, auditors may be liable to any purchaser of a security for certifying materially misstated financial statements that are included in the registration statement. Under section 11, auditors usually will not be liable to the purchaser if auditors can demonstrate due diligence.
Section 11 of the Securities Act of 1933, 15 U.S.C. § 77k (1988), provides investors with the ability to hold issuers and others liable for any damage incurred and caused by false statements of fact or even material omissions of fact within registration statements as at when effective.
The Securities Act of 1933 was used to regulate the stock market as the first federal legislation. With this act, power was given to the federal government and taken away from the state governments.
Hence, the Securities Act of 1933 is used to protect investors from frauds by creating a set of standard rules.
In conclusion, auditors usually will not be liable to the purchaser if auditors can demonstrate due diligence in their services and responsibilities.
What is his overall message to marketers?
Answers
What is true about the length of a loan’s term?
(1 point
Answers
The length of loan's term refers to the period of time over which the borrower is expected to repay the loan.
What is a loan?A loan is a sum of money that is borrowed from a lender with the agreement that it will be repaid with interest over a set period of time. Loans are often used to finance large purchases, such as a home, car, or business venture, that an individual or organization cannot afford to pay for upfront. The terms of the loan agreement include the loan amount, interest rate, repayment schedule, and any additional fees or penalties. The lender may require collateral, such as property or assets, to secure the loan in case the borrower is unable to repay it. Loans can be obtained from banks, credit unions, online lenders, or other financial institutions, and the specific terms and requirements vary depending on the lender and the type of loan.
To learn more about loan, visit:
https://brainly.com/question/1285885
#SPJ1
what are typically formed to draw attention to public issues that affect all citizens equally, such as environmental protection, transparency in government, consumer product safety, ethics reform, and campaign finance reform.
Answers
public interest groups are typically formed groups to draw attention to public issues.
What is a public interest group?
Public interest groups may be characterised as organisations that pursue objectives that, if met, presumably will benefit the general public, or at the very least a larger population than the group's membership. As an illustration, if a public interest organisation concerned with air quality is successful in its many tactics and operations, the obtained benefit—cleaner air—is available to the general public, not only to the group's members. In the second part of the 20th century, the struggle of interest groups, each seeking either its own good or its own notion of the public good, has become a more noticeable aspect of American politics.
groups that emerge to bring awareness to issues that are solely public and impact all residents equally. Public concerns that impact all people equally, such as environmental preservation, government transparency, consumer product safety, ethics reform, and campaign financing reform, are often the focus of citizens' groups, also known as public interest groups. Single-issue organisations organise to convey one viewpoint to members of the American Family Association on a very relevant topic that is extremely significant to them. Examples of such issues include the federal deficit and the national debt (AFA).
to know more about public interest groups, link below
https://brainly.com/question/25656843
#SPJ4
You need to fix your shed, so you walk to Home Depot to buy wood. You have a shed that has 2 1/2 meters of wood that needs to be repaired, each 2 feet of wood is 5$, how much money will you spend to repair the wood for your shed?
Convert 2 1/2 meters to feet. Thats 8 feet. Multiply 8 by 5$ for 40$. After this we can divide it by 2 to get 20.
Answers
You need to fix your shed, and you walk to Home Depot to buy wood. The shed needs 2 1/2 meters of wood that needs to be repaired. Each 2 feet of wood cost $5.
How much money will you spend to repair the wood for your shed?We first convert 2 1/2 meters to feet. 1 meter is equivalent to 3.28 feet.2.5 meters = 2.5 × 3.28 feet/meter = 8.2 feet (approx)Then, we multiply the number of 2 feet units by $5 to obtain the total cost:8 feet (wood required) ÷ 2 feet/unit = 4 units$5 × 4 units = $20 (Total cost)
Therefore, you will spend $20 to repair the wood for your shed.
To know more about Total cost visit-
https://brainly.com/question/30355738
#SPJ11
In 2003, the fraudulent accounting practices at ____________, a Houston-based energy company, was the largest of several business scandals of the early 21st century, in which corporate executives inflated company revenues for self-gain and ultimately created widespread distrust of corporate culture, costing investors billions of dollars as well as employees their pensions.
Answers
Answer: Enron
Explanation:
Enron scandal was an accounting scandal that involved Enron Corporation, which was an American energy company that was based in Houston, Texas.
Enron hid huge amount of trading losses, which led to its bankruptcy. The company used fraudulent accounting practices in order to inflate the revenue of the company and.hid the debt that the company incurred.
Explain the differences between a partnership and a corporation
Answers
A small network is more effective than a large network.
Please select the best answer from the choices provided
ОТ
OF
Answers
Answer:
is
Explanation:
A small network is more efficient than a huge network is a false claim.
What do you meant by Wide area network?A telecommunications network that covers a significant amount of ground is called a wide area network (WAN). Often, leased telecommunications circuits are used to construct wide area networks.
Wide area networks are used by businesses, as well as by institutions of higher learning and governmental organizations, to transmit information to personnel, pupils, clients, customers, and suppliers located all over the world. In short, this form of communication makes it possible for a company to efficiently perform its regular tasks wherever it is.
A WAN could be thought of as the Internet. Yet, a lot of WANs are private and were created for a single enterprise. Given that LANs are networks that are physically close together, WANs can be distinguished from them.
Learn more about Wide area network, from :
brainly.com/question/13267115
#SPJ7
if you are looking for a vacation near Deep Creek Lake, MD then check this out. its really nice :)
Answers
One of the major benefits of using such process management tools as benchmarking, best practices, business process reengineering, TQM, and/or Six Sigma programs as part of a company's overall effort to execute strategy proficiently is to help keep the company's pool of resources and capabilities freshly updated and at full competitive strength help a company perform value chain activities at a lower total cost than any other company in the industry. Osteer company personnel toward work practices that better enable them to perform value chain activities more accurately and at the lowest feasible labor costs per value chain activity. refresh and remodel competencies and capabilities that have become stale or rendered obsolete by changing industry and competitive conditions. help create a work climate and culture where company personnel constantly strive for operating excellence and thereby help lay the groundwork for gaining a competitive advantage over rivals based on superior strategy execution.
Answers
The company personnel toward work practices that better enable them to perform value chain activities more accurately and at the lowest feasible labor costs per value chain activity. One of the major benefits of using such process management tools as benchmarking, best practices, business process reengineering, TQM, and/or Six Sigma programs as part of a company's overall effort to execute strategy proficiently is to help keep the company's pool of resources and capabilities freshly updated and at full competitive strength.
Refresh and remodel competencies and capabilities that have become stale or rendered obsolete by changing industry and competitive conditions. The management tools, such as benchmarking, best practices, business process reengineering, TQM, and/or Six Sigma programs help a company perform value chain activities at a lower total cost than any other company in the industry.
Management tools help in creating a work climate and culture where company personnel constantly strive for operating excellence and thereby help lay the groundwork for gaining a competitive advantage over rivals based on superior strategy execution. They help in focusing on the value chain activities to be performed at a lower cost than any other company in the industry.
Find out more about the value chain: https://brainly.com/question/1380316
#SPJ11
Which of the following statements is true with regard to process costing? A. For current period calculations, the percentage of completion for units in ending work in process and the percentage of completion for units completed and transferred out is used to calculate equivalent units under the weighted average method. B. The initial cost object is a job. C. Total units accounted for equals the sum of equivalent units in ending work in process and equivalent units completed and transferred out. D. Total conversion costs to account for includes all direct material and manufacturing overhead costs included in beginning inventory and added to production during the period. E. All the above describe an element of process costing systems.
Answers
The correct option is A. For current period calculations, the percentage of completion for units in ending work in process and the percentage of completion for units completed and transferred out.
In process costing, equivalent units are calculated to assign the costs to units completed and to units in ending work in process inventory. This involves calculating the cost of each component, as well as the total cost of the process. The percentage of completion for units in the ending work in process and the percentage of completion for units completed and transferred out are used to calculate equivalent units under the weighted average method. For current period calculations, the percentage of completion for units in ending work in process and the percentage of completion for units completed and transferred out is used to calculate equivalent units under the weighted average method.
Total units accounted for equals the sum of equivalent units in ending work in process and equivalent units completed and transferred out. Total conversion costs to account for include all direct material and manufacturing overhead costs included in the beginning inventory and added to production during the period. Therefore, option A is correct.
To know more about the conversion cost visit:
https://brainly.com/question/32077887
#SPJ11
what challange might we face in case chose profession that does not meet our interest and capacity
Answers
Each person has a different profession. The interest and capacity of the individual in question determine the profession of choice. As a result, we must match our study material to our students' interests and aptitudes from an early age.
In such occupation, we are unable to raise our quality. We are unaware of its operating hours or methodology. We will be considering how to do that assignment while everyone else is working. However, if we do the assignment, we won't get experience because our focus will still be on the career we were interested in. If we select a career that doesn't align with our interests and abilities, we will fail.
To know more about profession visit:
https://brainly.com/question/24299108
#SPJ9
1
3. A document that indicated items issued to different people from the
store is called
A store receipt voucher
B store issuing voucher
C. store requisition
D.bin card
E. goods received book
Answers
Answer:
E
Explanation:
Establishing mutual aid agreements to obtain resources from neighboring jurisdictions is an example:.
Answers
Establishing mutual aid agreements to obtain resources from neighboring jurisdictions is an example of resources management.
What is resources management?
Resources management is the practice of planning, and scheduling work and production processes.
It involves resource planning activities which are activities involved in production using equipment, labour and various manufacturing technique.Therefore, establishing mutual aid agreements to obtain resources from neighboring jurisdictions is an example of resources management.
For more details on resources management kindly check
https://brainly.com/question/10828515
Suppose that the U.S. imposes a tariff on imported clothing. Answer the following questions in words and with a diagram. (a) What happens to the demand for dollars in the market for foreign-currency exchange? (b) What happens to the supply of dollars in the market for foreign-currency exchange? (c) What happens to the real exchange rate? (d) What happens to net exports?
Answers
(a) The imposition of a tariff on imported clothing affects the demand for dollars in the market for foreign-currency exchange.
When a tariff is imposed, it increases the price of imported clothing, making it relatively more expensive compared to domestically produced clothing. As a result, consumers may shift their preferences towards domestic clothing, leading to a decrease in the demand for imported clothing. To purchase fewer imports, fewer dollars are needed, causing a decrease in the demand for dollars in the foreign-currency exchange market.
(b) The supply of dollars in the market for foreign-currency exchange remains unchanged by the imposition of a tariff on imported clothing. The tariff primarily affects the demand side, while the supply of dollars is determined by factors such as exports, capital flows, and foreign investment. Therefore, the supply of dollars is not directly affected by the tariff.
(c) The real exchange rate is the relative price of domestic goods and services compared to foreign goods and services. When a tariff is imposed, it reduces the demand for foreign goods (imported clothing in this case) and increases the demand for domestic goods. This shift in demand leads to an appreciation of the domestic currency, resulting in an increase in the real exchange rate.
(d) Net exports are affected by changes in the real exchange rate. An increase in the real exchange rate, as mentioned in (c), makes domestic goods relatively more expensive compared to foreign goods. As a result, exports become more expensive for foreign consumers, leading to a decrease in exports. On the other hand, imports become relatively cheaper for domestic consumers, which may lead to an increase in imports. Consequently, net exports tend to decrease as a result of the tariff.
Learn more about dollars here
https://brainly.com/question/30045180
#SPJ11
On March 5 PV Inc purchased $3,300 worth of merchandise from Panther Supply with the terms 2/10,n/30 On March 14, PV Inc paid Panther Supply the amount owed less the discount. Show the journal entry for March 5 and March 14 a
Answers
X Y and Z are partners sharing profit in the ratio of 2 by 3 ratio 1 by 4 ratio 1 by 12 calculate the new ratio if x retires
Answers
Answer:
Y : Z = 3 : 1
Explanation:
Given:
X's share = 2/3
Y's share = 1/4
Z's share = 1/12
Find:
New ratio, when X retires
Computation:
X retires , So remain partners are 'Y' and 'Z'
Y's share = 1/4
Z's share = 1/12
Y : Z = 1/4 : 1/12
By taking LCM:
Y : Z = 3/12 : 1/12
Y : Z = 3 : 1
You are scheduled to receive Rs. 15,000 in two years. When you receive it, you will invest it for six more years at 8 percent per year. How much will you have in eight years?
Answers
Answer:
Amount after 8 years is Rs. 23803.12
Explanation:
The amount received in two years = Rs 15000
It is given that the amount received in two years is invested for six years that earns the interest rate of 8% per year. Now, we have to find the total amount after eight years. Here, in the first two years, there is no interest rate earned. So only six years will be used to count the interest rate.
Amount after 8 years = Present value (1 + r)^n
Amount after 8 years = 15000 (1 + 8%)^6
Amount after 8 years = 15000 (1 + 0.08)^6
Amount after 8 years = 23803.12
suppose the media report that the federal deficit this year is $200 billion. the national debt was $5,000 billion last year, and it is $5,200 billion this year. the price level this year is 3 percent higher than it was last year. what is the real deficit?
Answers
The real deficit, taking into account the 3 percent price level increase, is approximately $194.17 billion.
To determine the real deficit when the media reports a federal deficit of $200 billion, a national debt of $5,000 billion last year, and $5,200 billion this year, with the price level being 3 percent higher this year compared to last year, follow these steps:
1. Identify the nominal deficit: The nominal deficit is the reported federal deficit of $200 billion.
2. Calculate the inflation rate: The price level increased by 3 percent compared to last year, which means the inflation rate is 3%.
3. Adjust the nominal deficit for inflation: To find the real deficit, we need to adjust the nominal deficit for inflation. We can do this by dividing the nominal deficit by 1 plus the inflation rate.
Real Deficit = Nominal Deficit / (1 + Inflation Rate) = $200 billion / (1 + 0.03) = $200 billion / 1.03 = $194.17 billion.
To know more about real deficit refer here
https://brainly.com/question/17328784
#SPJ11
Insurance: An insurance company sells a 1 -year term life insurance policy to an 83 -year-old woman. The woman pays a premium of $4000. If she dies within 1 year, the company will pay $90,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 83 -year-old Noman will be ative 1 year later is 0,9561 . Let X be the profit made by the insurance company. Part: 0/2 Part 1 of 2 (a) Find the probability distribution, The probability distribution is
Answers
Given,An insurance company sells a 1-year term life insurance policy to an 83-year-old woman. The woman pays a premium of $4000. If she dies within 1 year, the company will pay $90,000 to her beneficiary. Let X be the profit made by the insurance company.
The profit made by the insurance company X is equal to the difference between the premium collected and the payout made.Profit (X) = Payout - Premium collectedNow, we need to find the probability distribution of profit made by the insurance company in one year, which is a random variable, given that the probability that an 83-year-old woman will be alive after one year is 0.9561.Let us calculate the probability of the woman's death in one year.
The probability of the woman's death in one year is given by:P(death in one year) = 1 - P(survival in one year)= 1 - 0.9561= 0.0439Using the probability of the woman's death, we can construct the following probability distribution table for profit: Where, if the woman dies, the profit of the insurance company will be $86,000. And if the woman survives, the profit of the insurance company will be -$4000.Profit X Probability$86,000 0.0439-$4,000 0.9561Thus, the probability distribution of profit made by the insurance company is as follows:Probability distribution of profit:Profit X Probability$86,000 0.0439-$4,000 0.9561Therefore, the probability distribution is:Profit X Probability$86,000 0.0439-$4,000 0.9561
To know more about probability distribution, visit:
https://brainly.com/question/29062095
#SPJ11
harmful substances which contaminate water are collectively called
Answers
Answer:
Ground Water Contamination
Explanation:
I'll be honest I'm not 100% sure.
aanu owns several computer repair shops across northeastern wisconsin, and she has set a goal for her company of increasing market share in all locations over the next three years. aanu has set a:
Answers
Aanu's goal of increasing market share in all locations over the next three years is a strategic goal.
A strategic goal are the specific objectives a firm aims and plans to achieve over a specified period of time. The strategic goal set by the firm can either be financial or nonfinancial.
Examples of strategic goals include:
Increasing the market share of the company. Increase customer satisfaction.Increase the number of customers of the company.Other types of goals are:
Operational goals are the steps that a firm takes to achieve in the long term success. Tactical goals are goals that are set for the immediate short time period.To learn more about strategic goals, please check: https://brainly.com/question/15301818?referrer=searchResults
You are going to interview for a position for which you have less experience and background than fellow candidates. You know, however, that you are the right person for the job. Which interview format would be the most appropriate for you to prove your worth?
Answers
Answer: Oral interview
Explanation:
One of the best ways to sell yourself or pitch before a council seated to examining job hunters is by oral interview. During an oral interview, candidates for the job are ask to sell themselves as regards why they think they are best fit for the job, in most cases the qualifications of the candidate plays little or no vital role when they can't defend what they have or can't sell themselves enough to be seen capable for the job.
Personal finance skills have the most significant impact on an individual’s
Answers
Answer:
quality of life.
Explanation:
Financial skills are those skills that help to manage finances, maintain financial stability, etc. These skills are usually acquired by financial analyst, financial managers, accountants, etc.
Personal financial skills are the same, but having such personal skills helps one to maintain personal financial flow. It enhances ones quality of life. A person who aquires personal financial skills will be able to maintain the budget, will be able to know right things and ways to spend money on, will have low debts tensions, etc.
Thus the correct answer would be 'that the person will have a quality of life.'
Answer:
C: Quality of life
Explanation:
on edge2021! hope this helps!~ (*^▽^*)
______permits companies to tailor offers and content to needs and interests of carefully defined segments, which in turn helps develop long-lasting customer relationships as well as resulting in immediate responses.
Answers
Direct Marketing permits companies to tailor offers and content to needs and interests of carefully defined segments, which in turn helps develop long-lasting customer relationships as well as resulting in immediate responses.
How Does Direct Marketing Work?Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing. Campaigns can be sent using mail, email, social media, and texting, among other distribution methods.
The act of presenting an offer directly to a target client and providing them with a way to respond immediately is known as direct marketing. It is sometimes referred to as direct response marketing among practitioners. Advertising, in contrast, is a form of mass messaging.
To know more about Direct Marketing, refer:
https://brainly.com/question/14008832
#SPJ4
Which is a benefit of entrepreneurship?
A. Doing what you love
B. Easy to start a business
C. Safety nets in case you fail
D. Getting help from others
Answers
Answer:
A. Doing what you love.
Explanation:
It's not easy to start a business, most times you don't have a safety net to fall back on, and you don't typically get help from others. From process of elimination, that leaves A! Also, doing what you love is one of the best things about entrepreneurship! Hope this helped!