Which statement best explains how human capital affects the manufacturing of a product? It affects the efficiency of the manufacturing process It promotes increased demand for manufactured goods. It provides a financial incentive for potential investors It allows households to use their savings to buy goods.

Q: List three different religions and provide examples of how they affect business practices.

A: Hinduism: The belief in this religion that customers are king and they should be treated…

Q: Open ECON EVERYDAY and then choose one article. Summarize, relate, and react to what you have read.…

A: ***Since external citations or links cannot be used in the answer as per guidelines, so the expert…

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: Raffe, an American, works for a company that manufactures electronics. His managers select him for…

A: Raffe is an American and his manager select him for an assignment to lead the launch of a new…

Q: Define intrinsic rewards. A. payment made to retired workers from an investment fund B. wages…

A: An organization uses reward schemes to provide both financial and nonfinacial benefits to the…

Q: Send a letter to a future student. The letter should discuss: • how to be a successful college…

A: Detailed explanation: In crafting the letter to a future student, I focused on sharing practical…

Q: Economics helps managers focus on key issues.

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Factors of production

A: The final goods and services served in the market for the consumers. There are some factors that use…

Q: In which type of culture do businesses and people make and spend money? economic culture…

A: The question is asking about the type of culture where businesses and individuals engage in economic…

Q: Is real estate BEST viewed as a commodity or a resource? Defend your position on why?

A: According to me, real estate is viewed as a resource not as a commodity. This is because a commodity…

Q: FORMATIVE ASSESSMENT Multiple Choice: Read and answer each statement carefully then write the letter…

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

Q: Most societies are driven to make a profit. What is profit?         Profit is the…

A: The objective of the question is to define the term 'profit' in the context of economics.

Q: Imelda wants to form a business in the easiest way possible. What form of business should she use?…

A: All businesses require some formalities while it is formed be it small or big. Some type of…

Q: You work for the Committee for Economic Evaluation in the small nation of Kinsdale. Your current job…

A: GDP is the gross domestic product.  GDP is defined as the monetary value of all the goods and…

Q: opportunity cost of producing a product from zero

A: Opportunity cost is the benefit that can be driven by not choosing the other alternative.

Q: What advantages does the Cotton Gin have over previous technologies?

A: A cotton gin is a machine that separates cotton fibers from their seeds fast and efficiently,…

Q: Do you feel a business’ primary responsibility is to make a profit, or do you feel there is some…

A: The primary responsibility of business is not only to make profits but there are certain other…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: Planters in the antebellum South primarily invested their money in cotton due to its high…

Q: Give the summary of ethical value in business.

A: In the world of business, ethics are crucial. The truthfulness or incorrectness of actions is a…