Is a factor of production Mcq?
Answers
The four main components of production are land, labor, capital, and entrepreneurship, according to economic theory.
What is production planning ?By working with several divisions, production planning and control seeks to assure timely and cost-effective manufacturing of items. Its main goal is to guarantee that goods are delivered within the allotted period in order to increase customer satisfaction.
What does "factor production" mean?The inputs required to produce commodities and services are referred to as factors of production in economics. Land, labor, capital, and entrepreneurship are the contributing variables. The four components include the materials needed to produce a good or service, as determined by a nation's gross domestic output (GDP).
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Related Questions
needs refer to a person's relationship with other people
Answers
Answer:
Sure what do you need :)
Explanation:
During the proofreading task of the completion stage of a business message, be sure to
O add hyperlinks to change the style of the message.
Oplan the printing and distribution of the message.
O rewrite to clarify any confusing content.
O review for errors in writing, design, and layout.
Answers
Review for errors in writing, design, and layout.
a stakeholder is defined as someone who has helped design a computing system. T/F
Answers
False, a stakeholder is not defined as someone who has helped design a computing system. A stakeholder is a person or group with a vested interest or concern in a project, system, or organization.
While stakeholders can have various roles and responsibilities, such as providing input, support, or feedback, their definition does not specifically include involvement in the design of a computing system.
Stakeholders in the context of computing systems can include individuals or groups such as end-users, clients, customers, employees, managers, investors, regulatory bodies, and even the general public. They have an interest in the outcomes, functionalities, or impacts of a computing system. Stakeholders can provide valuable insights, requirements, or feedback during the design process, but they are not solely defined by their involvement in designing a computing system.
The role of stakeholders extends beyond design and can encompass aspects such as requirements gathering, decision-making, implementation, testing, adoption, and ongoing support of the computing system. Stakeholders bring diverse perspectives and interests, and their involvement throughout the system lifecycle helps ensure that the system meets the needs and expectations of various parties involved or affected by its implementation.
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the date on which total compensation expense is computed in a stock option plan is the date? A. Date of grant
B. Date of exercise
C. Date when the market price coincides with the option price
D. Date when the market price exceeds the option price
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The date on which total compensation expense is computed in a stock option plan is typically the Date of Grant.
On the Date of Grant, the fair value of the stock option is determined, based on the market price of the stock and other relevant factors such as the exercise price, expected term, volatility, risk-free interest rate, and dividends. This fair value is then used to calculate the compensation expense to be recognized over the vesting period of the option. The Date of Exercise, when the option is actually exercised, may affect the accounting treatment of the option, but it is not the date on which the total compensation expense is computed.
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which of the following is not a tool of monetary policy? group of answer choices open market operations reserve requirements changing the discount rate increasing the government budget deficit
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The following is not a tool of monetary policy open market operations.
Does monetary policy use the discount rate as a tool?The Fed's board of governors determines the discount rate, which is a tool for monetary policy that can be changed upward or downward. The Fed's role as a lender of last resort includes lending at the discount rate, which is one of its main instruments for implementing monetary policy.
Which of the following is not a monetary policy tool, according to the quiz?the tax rate for businesses. Congress, not the Fed, decides the corporate tax rate. It is not a tool for monetary policy as a result.
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What is the definition of the product/service bundle?.
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Answer:
Product-service bundle definition
Essentially, product bundling is a pricing strategy wherein you group individual products before selling them as a single unit.A product bundling marketing strategy is used to encourage your customers to make more purchases.
I hope this helps :)
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Explain which method of production is the most likely to be capital intensive?
Answers
Answer:
Explanation:
Capital-intensive processes are those that require a relatively high level of capital investment compared to the labor cost. These processes are more likely to be highly automated and to be used to produce on a large scale. An industry that is capital intensive is – oil refining, manufacturing.
am i sus???????????????????????? ajajjjjajajaajajJaJJJJj
Answers
Explanation:
I guess? I cant tell ....
Answer:
yes you are very suss and I'm sus so
The office supplies account starts the year with a balance of $4,000. During 2013 the company purchased supplies for $13,400, which is added to the office supplies account: supplies on hand at December 31, 2013 amounted to $2,554. What is the debit and credit supplies?
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The debit for supplies is $13,400 and the credit for supplies is $15,846, resulting in a $2,554 balance in the office supplies account on December 31, 2013.
A debit and credit in accounting are the opposite sides of a transaction that show an increase or decrease in an account.
In the case of the office supplies account, the company started the year with a balance of $4,000 and purchased additional supplies for $13,400. The supplies on hand on December 31, 2013, amounted to $2,554.
Debit and credit refer to the entries made to the office supplies account to reflect the purchases and usage of supplies. The debit entry shows an increase in the office supplies account, while the credit entry shows a decrease.
The debit entry for the purchase of supplies would be recorded as a $13,400 increase in the office supplies account, which would increase the balance from $4,000 to $17,400.
The credit entry for the usage of supplies would be recorded as a $15,846 decrease in the office supplies account, which would decrease the balance from $17,400 to $1,554.
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In the 15th century, the Dukes of Burgundy wielded power over which of the following counties? a. Bavaria b. Flanders c. Galicia d. Lombardy. a. Italy.
Answers
The Dukes of Burgundy wielded power over (b)Flanders in the 15th century.
In the 15th century, the Dukes of Burgundy wielded power over the County of Flanders. Flanders was a historical county located in the Low Countries, which included parts of present-day Belgium, France, and the Netherlands.
The Dukes of Burgundy, who ruled over a large and prosperous territory in modern-day France and Belgium, extended their power over Flanders through marriages, alliances, and military conquests. Flanders was a wealthy region known for its cloth production, and the Dukes of Burgundy were able to benefit from the trade and commerce of the area.
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A ceiling design that has a rectangular center that is either popped out or inverted to add an effect.
Answers
Answer:
tray ceilings
Tray Ceiling - Usually seen in dining rooms and kitchens, tray ceilings are built upwards in a cut out resembling a tray. It has a rectangular center that is either popped out or inverted to add an effect
Explanation:
Hope it helps
helpppppppppppppppppppppppppp
Answers
If an economy with C = $5000 + 0.6Yd, I = $1000, G = $800, T = $1000, NX = $-200, where the dollar amounts are in millions of dollars, both government spending and taxes are raised by $200 million, what will be the change in equilibrium income (in millions)?
A) $200
B) $100
C) $0
D) $-200
E) None of the above
Answers
Answer:
Y = 15,500
Explanation:
If government spending increased by $200 million
Y = C + I + G + NX
Y = 5,000 + 0.6(Y-1,000) + 1,000 + (800+200) - 200
Y = 5,000 + 0.6(Y-1,000) + 1,000 + 1,000 - 200
Y = 5,000 + 0.6(Y-1,000) + 1,800
Y = 5,000 + 0.6Y-600 + 1,800
Y = 6.200 + 0.6Y
Y - 0.6 Y = 6,200
0.4 Y = 6,200
Y = 6,200 / 0.4
Y = 15,500
Therefore, change in equilibrium income (in millions) is $500
Answer:
A
Explanation:
200
Pr 8-3a budgeted income statement and supporting budgets obj. 4 the budget director of birding homes & feeders inc., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing the budgeted income statement for january: a. estimated sales for january: bird house . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000 units at $25 per unit bird feeder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 units at $15 per unit
Answers
Estimated sales for January: bird house $375,000 total of 15,000 units at $25 per unit bird feeder $600,000 of 40,000 units at $15 per unit.
What is the income statement formula?Net Income = Revenues - Expenses is the fundamental formula for an income statement. This straightforward equation illustrates the business' profitability. The company is profitable if revenues exceed expenses.
Why is an income statement important?Business owners can tell whether their organization is headed toward profitability or losses using income statements. Due to the full breakdown of income and spending in an income statement, business owners can determine what has to be changed in order to boost revenues or reduce costs.
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okay y'all so I'm just starting a business I make lollipops and I've been just doing this since this summer and I got everything I want but I still can't seem to find a right name for my business , so I guess what I'm asking is if anyone can give me some ideas I would love to hear what kind of names you guys come up with ? because I really don't know what to name it .
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TRUE / FALSE. There is no relationship between stepladder length and weight capacity.
Answers
FALSE. There is a relationship between stepladder length and weight capacity. Typically, longer stepladders have higher weight capacities due to their structural design and materials.
Longer ladders can distribute weight more evenly and provide better stability, allowing them to support heavier loads. Manufacturers usually specify weight limits for different ladder lengths to ensure user safety. It is important to select a ladder with an appropriate weight capacity based on the intended use and the weight of the person or objects that will be on the ladder. Ignoring this relationship can result in accidents or ladder failure. There is a relationship between stepladder length and weight capacity.
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FALSE. Stepladder length and weight capacity are indeed related. Longer ladders generally have a higher weight capacity compared to shorter ones.
FALSE. There is indeed a relationship between stepladder length and weight capacity. Stepladders are designed to support a certain maximum weight, and this weight capacity depends on various factors, including the length of the ladder. Longer ladders generally have a higher weight capacity compared to shorter ones.
The structural design and materials used in longer ladders allow them to distribute the load more effectively, making them capable of supporting heavier weights.
For example, consider two stepladders, one with a length of 4 feet and another with a length of 8 feet. If both ladders are made of the same materials and have the same overall design, the 8-foot ladder will likely have a higher weight capacity than the 4-foot ladder due to its longer structure.
Therefore, the statement that there is no relationship between stepladder length and weight capacity is false.
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Delos Inc. is an apparel manufacturer. The management at Delos Inc. prefers moderate control over the operations of the different departments such as R&D, design, marketing, and sales. It allocates a budget to each function at the beginning of each quarter. This is an example of implementing control through
Answers
The example provided in the question is an example of implementing control through a budgeting system. Delos Inc. implements control over the operations of its different departments, such as R&D, design, marketing, and sales, by allocating a budget to each function at the beginning of each quarter.
This budgeting system allows management to exercise moderate control over the financial resources of each department. The management at Delos Inc. prefers to have moderate control over the operations of its different departments. To achieve this, they implement control through a budgeting system. At the beginning of each quarter, Delos Inc. allocates a budget to each function, including R&D, design, marketing, and sales.
By allocating a budget to each department, management can exercise control over the financial resources available to them. This allows them to monitor and regulate spending, ensure that resources are allocated efficiently, and make informed decisions regarding investments and expenses. It also enables the management to align the goals and objectives of each department with the overall objectives of the company.
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Which of the following is an example of receiving information
Answers
Answer:
Receive is defined as to take, accept, experience or welcome. An example of receive is getting a letter in the mail. An example of receive is someone being given a gift. An example of receive is someone hearing bad news.
Explanation:
In order for the people to take a fresh look at its brand, the american red cross used a ________ strategy.
Answers
In order for the people to take a fresh look at its brand, the American red cross used a brand revitalization strategy.
What is brand revitalization strategy?No matter how successful your brand has been or is currently, it will eventually need to be reevaluated and revitalized in order to remain relevant and meet the demands of the market and changing trends. This will ensure that your brand continues to expand and be profitable. While brand rejuvenation seeks to improve the consumer base of a product that isn't making enough money, brand reinforcement works to increase the number of customers of an established and successful brand. In conclusion, both exist to support the expansion of consumer base.Brand revitalization is a marketing tactic that is typically employed when a product reaches the PLC maturity stage and profits begin to rapidly decline as the market becomes saturated. Compared to the introduction of a fully new brand or product, it is less expensive and hazardous.
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Mark is creating a disaster recovery plan based on directives from his company's executive management team. His company's business is an e-commerce website that sells children's apparel with 85 percent of its revenue received during the holiday season. If there was a severe disruption in operations, the loss of business could put the company's ability to continue as a financially viable operation in peril. Mark is creating a plan that will restore operations in the shortest amount of time possible if there was an outage. What DR model is he implementing
Answers
Answer: Hot site
Explanation:
The DR model that Mark is implementing is the hit site. A Hot Site enables a company to continue with its normal business operations, after the occurence of a disaster within a short period of time.
The hot site model is regarded as a fully functional backup site which can be used in the assumption of operations immediately in case when there's failure of the primary location fails.
The formula for applying overhead to a specific job is ______.
Answers
The formula for applying overhead to a specific job is predetermined overhead rate × amount of allocation base incurred by job. Thus, option (d) is correct.
The estimated manufacturing overhead is divided by the estimated allocation base to arrive at the predetermined overhead rate. The work's overhead can be calculated once the specified overhead rate is established by multiplying it by the amount of allocation base incurred by the job.
Another formula for applied overhead involves dividing the number of hours worked or pieces of equipment used by the overhead allocation rate.
Therefore, option (d) is correct.
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Your question is incomplete, but most probably the full question was.
The formula for applying overhead to a specific job is ______.
Estimated manufacturing overhead ÷ amount of allocation base incurred by job
Estimated manufacturing overhead ÷ estimated allocation base
Estimated manufacturing overhead × amount of allocation base incurred by job
Predetermined overhead rate × amount of allocation base incurred by job.
Which of the following is true of total variable overhead variance? a.It can be divided into spending and rate variances. b.It shows only the effect of differences in the prices of overhead variances. c.It always depends on the actual hours used. d.It is the difference between actual and applied variable overheads.
Answers
The answer choice which shows the true statement about total variable overhead variance is b. It shows only the effect of differences in the prices of overhead variances.
What is Variance?This refers to the average squared deviations from the mean of a distribution.
With this in mind, we can state that the total variable overhead variance has to do with the difference in the price of prices of the overhead variances which are the surplus.
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El Niro Inc. is automating processes so the company can meet its demand with a smaller workforce. The CEO asks Megan, the vice president of human resources, for advice on how to address the resulting labor surplus. Megan studies the workforce and observes that many employees are in their 50s and 60s. Furthermore, these employees are the highest-paid workers in every job category. Based on this information, what should Megan suggest as the most effective way of addressing El Niro's labor surplus?
Answers
Answer:
Since the highest paid employees are over age 40, they cannot be simply fired since that would represent age discrimination at work, which is strictly prohibited by the Age Discrimination in Employment Act (ADEA).
But Megan can offer different type of early retirement incentives to these employees so that they retire by their own will, e.g. pay them 1 or 2 weeks salary for every year that they worked for the company, age credits so that the employees can benefit from a pension plan, etc.
which of the following properties may be classified as commercial? select one: a. apartment buildings b. office buildings c. parking lots d. all of the above
Answers
Option D). "All of the above" properties may be classified as commercial.
Commercial properties are those that are used for business purposes or to generate income.
Apartment buildings and office buildings are commonly used for commercial purposes as they are leased out to tenants for profit.
Parking lots are also considered commercial properties as they are often leased to businesses or individuals for parking purposes.
Commercial properties are typically managed differently than residential properties as they require more attention to tenant needs, maintenance, and management of lease agreements. Investing in commercial properties can be a lucrative venture as they have the potential for high returns on investment.
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Fill in the blank. In addition to the product name, name and address of the manufacturer, amount of product in the package, and the ingredients panel, the____must list certain nutrients
Answers
In addition to the product name, name and address of the manufacturer, amount of product in the package, and the ingredients panel, the Nutrition Facts Panel must list certain nutrients
The majority all packaged foods must bear the nutrition information label, which identifies the nutrients and other substances in the food. Often, labels are built on official nutritional grading systems. The majority of countries now issue detailed dietary recommendations for purposes of general education.
Because the label identifies the quantity of calories, carbs, fat, fiber, protein, and vitamins for each serving of the item, comparing the nutritional worth of comparable products is made easier. Be careful to compare information from different makers of the same food goods as it may vary greatly.
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how can a reduction in taxation be used to influence aggregate demand
Answers
Answer:
shifting the aggregate demand curve to the right.
Explanation:
Laura sells two sizes of ice cream: pints and gallons. She earns $3.50 for each pint she sells, and $10 for each gallon. If she earns $20,000 in all by selling 3,300 containers, what percentage of her earnings are from pints
Answers
Answer:
60.6%
Explanation:
Let x represent the number of pints sold and y represents the number of gallon sold. She earns $3.50 for each pint she sells, and $10 for each gallon, she earns $20,000 in all by selling 3,300 containers Hence:
3.5x + 10y = 20000 (1)
Also:
x + y = 3300 (2)
We have to solve equation 1 and 2 simultaneously, multiply equation 2 by 3.5 and subtract from equation 1. This gives:
6.5y = 9500
Divide both sides by 6.5
6.5y/6.5 = 8450/6.5
y = 1300
Put y = 1300 in equation 2
x + 1300 = 3300
x = 3300 - 1300
x = 2000
Therefore 2000 pints and 1300 gallons were sold
The percentage of earnings from pints = number of pints sold/ total number sold * 100%
The percentage of earnings from pints = 2000/3300 *100% = 60.6%
i need help ASAP!!!! Generally, parties of 8 or more require many restaurants to include gratuity of 18% on the check before presenting to the guest. For a party of 12 and a total check in the amount of $191.40, what is the gratuity amount added to the check for this large party?a) $18.00 b)$34.45 c)$43.54 d)$191.40
Answers
Answer:
b)$34.45
Explanation:
Gratuity is similar to a service charge.
If the bill is $191.40, and gratitude of 18 percent will be added.
The actual gratitude amount that will be added will be equal to
18% of the $191.40 bill.
=18/100 x $191.40
=0.18 x 191.40
= $34.45
the emergence of ride sharing apps like lyft and uber have created gains from trade by
Answers
The emergence of ride sharing apps like Lyft and Uber have created gains from trade by introducing new sellers into the market for taxi services and decreasing the price of rides.
Gains from trade can be described as the increase in consumer surplus and producer surplus as a result of lower tariffs when consumers and producers are allowed to trade with less restrictions. Gains from trade occurs as a result of lower trade prices.
Ride sharing apps are apps that allow people to order for rides from their phones using an app. Examples are uber and lyft.
Ride sharing apps has increased the amount of ride options available to users. This has lead to lower prices as ride sharing apps have lowered prices to attract customers.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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