Capital goods A Which points on the graph show the most efficient use of this society's resources? B (B, C, D, E) (A, D, E, F) (A, B, E, C) D (A, B, C, D) Consumer goods ^

Q: Those who have influence in a work group, including peers, managers, coworkers, and subordinates,…

A: The question is asking for the term that refers to individuals who have influence in a work group.…

Q: What are the four factors of production?

A: Factors of production: - factors of production are the resources used to produce goods and services.…

Q: What is the main goal of a firm in a market economy? (a) To maximize social welfare (b) To minimize…

A: The main goal of a firm in a market economy is typically considered to be:(b) To minimize costs.In a…

Q: a good example of a resource would be? a. stocks b. Human capital c. bonds d. intital public…

A: Resource refers to the service or the various assets owned by the business which are used for the…

Q: Some producers do not stop their production when they face loss in their production. Why?

A: A producer is one that is responsible to maintain the availability of products and services in the…

Q: an economy is in equilibrium when which of the following conditions is satisfied: (a) total savings…

A: Equilibrium, in the context of economics, refers to a state of balance and stability within an…

Q: A summary of The Four Factors of Production?

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Q: Goods and services which help in the production process are called: (a) Raw materials (b) Factors of…

A: # We need resources and technology to produce goods and services in the economy and to satisfy our…

Q: Saving equals Group of answer choices Y - C. Y - I. Inventory changes. Y - G

A: The fraction of money left over after paying for current expenses is what is saved. In other words,…

Q: Describe the five factors of production.

A: Certain inputs are necessary for economic systems to function properly. The factors of production…

Q: What is a ‘final good’? Select one: a. A good not used as an input in the production process b. A…

A: A final good is a commodity which is used or used by the end user. The successful (product) needs no…

Q: The definition of “market place” is A. the most probable price. B.the same as cost when used C. the…

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Q: Capacity Utilization Rate is:     A. The total amount of plant and equipment that is actually being…

A: The capacity utilization rate is used by a country's economists to monitor how its industries are…

Q: Which of the following The labor used to UGGs sold online O Advertisements fo The utility or enjoy

A: Factors of production refer to inputs used in the process of production of output.  There are four…

Q: 1) Describe the factors of production.

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Q: The application of new technology refers to A. innovation. B. imitation. C. investment. D.…

A: To create new technology, an inventor is required to research the need for such technology and how…

Q: Question 17 A farmer can make accounting profits $80,000 per year planting corn, $60,000 per year…

A: Opportunity cost refers to the cost of a foregone opportunity. The cost involved when an opportunity…

Q: "Product may be an idea, a physical entity or a service or any combination of the three." a.…

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Q: Match the term with its definition. 1) abundance (n) a) to have or provide smth that is needed or…

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