History

History, 23.11.2019 03:31, tadams9922

What are factors of production?

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Business, 17.07.2019 04:20, tchocho8621

Which production possibilities frontier (ppf) reflects increasing opportunity costs? ppf 1 ppf 2 ppf 3 ppf 4 determine what causes the ppf to take that shape. factors of production used to produce widgets cannot be used to produce gizmos, and vice versa. there is only one factor of production and it cannot be used in both sectors at the same time. factors of production can be used in either widget or gizmo production, but some are more productive at producing widgets and some are more productive at producing gizmos. factors of production can be shifted from widget production to gizmo production with no change in productivity.

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History, 17.07.2019 09:30, Usman458

Will give brainlest to first what statement best compares the ideas of capitalism and communism? * 1 point a. capitalism is the belief that only the rich should control the factors of production and the poor should own nothing. b. capitalism is the belief that government should control the factors of production and communism believes people control the factors of production c. capitalism is the belief that workers should control the resources for production and communism is the belief that the people should make economic decisions d. capitalism is the belief that factors of production belong to private individuals while communism believe that the factors of production belong to all.

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Business, 28.08.2019 03:10, babyskitt

Consider a production function for an economy: y = 20 (l.5k.4n.1)where l is labor, k is capital, and n is land. in this economy the factors of production are in fixed supply with l = 100, k = 100, and n = 100.a. what is the level of output in this country? b. does this production function exhibit constant returns to scale. demonstrate by example.c. if the economy is competitive so that factors of production are paid the value of their marginal products, what is the share of total income that will go to land?

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Business, 29.10.2019 17:31, liljohnsjs218

Which of the following statements about factors of production is the most accurate? a. the five factors of production are energy, capital, labor, leadership and money. b. wealth creation in poor nations is slowed by chronic shortages of labor. c. each of the factors of production is equally important in creating wealth. d. entrepreneurship and knowledge are the most important in creating wealth.

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