Which option is an example of labor as a factor of production?
O A. A tree used to make paper
B. An artist painting a picture
O C. A government increasing taxes
O D. An industrial assembly line

Answers

Answer 1

Answer: B

Explanation: An artist painting a picture

Answer 2

An example of labor as a factor of production is  An artist painting a picture. Thus the correct option is B.

What is a factor of production?

The factors of production are referred to as elements or resources that are used in the process of production in order to strengthen the economy of the country. This factor includes land,  labor, capital, machinery, and so on.

An artist refers to an individual who has a keen interest in the artwork. He is a person who creates unique images by using creativity, innovation, colors, knowledge, and an artistic approach.

Labor as a factor of production is considered physical labor involved in producing goods and services. Here the artist is physical labor that is creating painting considered as a factor of production.

Therefore, option B is appropriate.

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Related Questions

The state can issue Gidgits Galore a NPDES permit; it does not need to be issued by the federal government

true or false?​

Answers

Answer:

True

The NPDES permit program, created in 1972 by the Clean Water Act (CWA), helps address water pollution by regulating point sources that discharge pollutants to waters of the United States. The permit provides two levels of control: technology-based limits and water quality-based limits (if technology-based limits are not sufficient to provide protection of the water body).Under the CWA, EPA authorizes the NPDES permit program to state, tribal, and territorial governments, enabling them to perform many of the permitting, administrative, and enforcement aspects of the NPDES program. In states authorized to implement CWA programs, EPA retains oversight responsibilities. Currently 47 states and one territory are authorized to implement the NPDES program.

What is demand function what are the factors determine the demand for a goods? ​

Answers

Answer:

The quantity demanded (qD) is a function of five factors—price, buyer income, the price of related goods, consumer tastes, and any consumer expectations of future supply and price. As these factors change, so too does the quantity demanded.

Explanation:

can a 14 year old work? where?

Answers

Answer:

Yes!!

Explanation:

They can work at Chick-Fil-A!!

They can be a babysitter

wash cars

and more!

why only 4 percent manage to succeed in business of company ??​

Answers

Answer:

A lot of businesses don't succeed due to money problems, or no customers.

Explanation:

It takes tons of money to build up a business, its hard to get people to work for you, you’ve got to pay people to do things, it costs a ton. it’s hard!

Lines AB and CD are parallel. If mN is 74°, then what is mY?

Answers

Answer:

If mN is 74° parallel the mY would be - 74° parallel to mN

mia borrows 66,000 for four years at an APR of 7.25% what is the monthly payment

Answers

Answer:

$10,229.76

Explanation:

The monthly payment to be made by Mia over such borrowings will be $1,588.

What is monthly payment?

The payments made every month to pay the loans or advances is known as a monthly payment. It is like EMI.

The total repayment of the borrowings will be $76,230 over a period of four years. Monthly payment for the same will be,

[tex]\rm Monthly\ Payment= \dfrac{Total\ Amount}{No\ of \ Payments}\\\\\rm Monthly\ Payment= \dfrac{76230}{48}\\\\\rm Monthly\ Payment= \$1588[/tex]

Hence, the monthly payment will be $1588.

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An information search can be formal or informal.
True
O False

Answers

Answer:

This is false. An information search must be formal

Describe the difference between an idea and a business opportunity.

Answers

Answer:

Idea is a thought and business opportunity is what job you want.

Explanation:

While writing a formula, what are some ways to insert a cell reference into the formula? Check all that apply
hovering the mouse pointer over the cell to reference
typing the cell name, such as "B4
clicking the cell to reference
Zooming in on the cell to reference

Edge answer

Answers

Answer: B and C are correct

Explanation:

Just did the assignment

Answer:

B. typing the cell name, such as “B4”

C. clicking the cell to reference

Explanation:

gang gang edge 2020

which of these is an official policy act of government against each other?

a) boycott
b) embargo

Answers

Embargo is the answer

It's 2021! Happy new year! How do you like this new year so far?

Answers

Answer:

its okay i guess..

Explanation:

Sor far my year is going amazing!

Select the correct answer.
Kruger Trading Inc. buys goods on credit. In which two accounts will the company post this transaction after entering it into the journal?

Answers

Answer:

с. Purchases and Creditors

Multiple choices

A. Goods and Cash

В.Goods and Creditors

с. Purchases and Creditors

D.Purchases and Cash

Explanation:

The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.

Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.

Paying Your Taxes Reading Quiz
QUESTION 6 of 10: Income tax is:
ОООО
a) Tax paid to the state, federal, and local governments based on income earned over the past year.
b) Income distributed to families based on the tax bracket they are in.
c) Tax the government pays to government workers.
d) None of the above.
Submit

Answers

Answer:

a) Tax paid to the state, federal, and local governments based on income earned over the past year.

Explanation:

Income tax is the tax imposed on workers by the state or federal government. It is based on a worker's regular pay, for example, a monthly salary or wage. Income tax is usually a percentage of gross income.

Payment of income tax is mandatory. Employers are required to withhold the income tax amount and submit it to the state or federal government.

Pam and Ralph work at a factory with a labor union. Pam and Ralph may have to


trust another person to negotiate their wages

attend training during unpaid overtime

reduce working hours to increase productivity

have their wages garnished to avoid unemployment

Answers

Answer: have their wages garnished to avoid unemployment

Explanation:

Pam and Ralph must garnished their wages too avoid unemployment in future.  This is because they have to decide the actual pay per day or monthly to avoid any kind of discrimination with their employers. They must also negotiate with their employers for payment to avoid unemployment due to high pay. They should not trust others for the negotiation with others. They can attend training for a work but it should be paid according to the labor standards and it should not include overtime.

Answer:

a) trust another person to negotiate their wages

Explanation:

Economics help ASAP.
How do comparative advantage and absolute advantage impact international trade?

Answers

Answer:

70%.

Explanation:

I guess you just have to divide. I never really understood but I had this question before, lol.

Promotional discounts are given to stores by manufacturers to place their products in preferred locations in the store and to display their products in a ski manufacturer sells a local ski shop 35 pairs of their new store window: skis for $7000, which is a discount of $2,625. What is the percentage of the discount given to the store? (Round your answer to the nearest whole percent.)

Answers

Answer:

27%

Explanation:

The ski was sold for $7,000 which has a discount of $2,625.

the price before discount is

= $7,000 + $2,625.

=$9,625

the discount as a percentage

=$2,625 / $9,625  x 100

=0.272727 x 100

=27.27%

=27%

What is the primary purpose of job specialization A. Regional self-sufficiency B. Increased consumer income C. Increased marginal utility D. Increased efficiency and productivity Plz answer this fast only have 2 hours

Answers

Answer:

D. Increased efficiency and productivity

Explanation:

Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.

In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.

The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.

Answer:

D

Explanation:

just took the test

The economic idea that karl marx promoted led to which outcome

Answers

Answer:

More national government took control over economic decisions

Explanation:

Karl Marx which is one of the classical economists have so much interest in

the labor theory of value, and he gave an explanation about relative differences that exist in market prices. In this theory, it was stressed that value of a manufactured goods in an economy can be measured using the average period of labor in hours of manufacturing it. It should be noted that the economic idea that karl marx promoted led to More national government took control over economic decisions

Size is limited under a Sole Proprietorship.
True
False

Answers

Answer:

True

Explanation:

because 1 person can't control a huge company or business

I will play basketball. This is a _____ goal.

a) neither
b) broad
c) SMART
15 POINTS AND BRAINLIEST

Answers

Answer:

b

Explanation:

not timely or specific,

Answer: d

Explanation:

add my i n s t a j u l i a h i n s o n s p a m z z

Answers

okay ill add you today or tmr my user is dtstephanietanner on insta so u will know when i follow

Describe the last time you made a purchase based on possession utility. What factors influenced your purchase?

Answers

Answer: price, reviews of the product, and the overall quality of the item.

Explanation:

Answer:

price, reviews, and quality

Explanation:

Calculate the profit or loss in each case below:
(a) Fixed costs: £9000 rent, £4000 insurance
Variable costs: £4500 wages, £500 delivery costs and £4000 in raw materials
Sales revenue: 1,500 units expected to sell at £25 each

(b) Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.

Answers

Answer:

(a) Th profit is £13,500.

(b) The loss is £25,250.

Explanation:

(a) Calculate the profit or loss

This can be calculated as follows:

Total fixed cost = Rent + insurance = £9000 + £4000 = £15,000

Total variable cost = wages + delivery costs + raw materials = £4500 + £500 + £4000 = £9,000

Total cost = Total fixed cost + Total variable cost = £15,000 + £9,000 = £24,000

Sales revenue = Units expected to sell * Price per unit = 1,500 * £25 = £37,500

Profit or loss = Sales revenue - Total cost = £37,500 - £24,000 = £13,500 profit

(b) Calculate the profit or loss

This can be calculated as follows:

Fixed cost = £26,000

Total variable cost = wages + raw materials + delivery costs  = (£10 * 750) + (£12 * 750) + (£3 * 750) = £18,750

Total cost = Total fixed cost + Total variable cost = £26,000 + £18,750 = £44,750

Sales revenue = Units expected to sell * Selling price per unit = 750 * £26 = £19,500

Profit or loss = Sales revenue - Total cost = £19,500 - £44,750 = £25,250 loss

Using the chart, identify an example of absolute advantage for the United States over either Country A or Country B. Be sure to identify the product and the country. Explain how the availability and use of a natural resource may impact advantage.

Answers

Answer:

Absolute advantage is the advantage that a country has when it can produce a particular good or service at a lower cost than other countries.

Explanation:

The United States, in particular, has absolute advantage in the production of oil. Currently, the U.S. is the largest oil producer in the world, with around 15 million barrels a day.

This advantage occurs because the United States has ample oil deposits, both conventional and non-conventional (non-conventional deposits are those that can only be exploited through fracking), and also because the U.S. has the technical capacity, both in terms of infrastructure and human capital, to exploit those oil deposits in a satisfactory manner, and more importantly, in a more efficient and cheaper way than most other countries in the world.

the market price of an ap is rupees 1250 and shopkeeper allows the of discount of 6 or it find the selling price​

Answers

Answer:

rupee 1, 175

Explanation:

If the market price is 1250 and the seller allows a 6% discount

The selling price will be = 1250 - (6% of 1250)

=1250- (6/100 x 1250)

=1250 - 75

=1175

the selling price = 1, 175

Since water transportation is so much slower than other modes, why do companies choose it?


Water transportation is unaffected by delays for maintenance, scheduling, and weather, making it far more reliable.

Some companies might think it's worth the lost time when they are shipping potentially dangerous products.

The environmental impact of water transportation is lower, so companies can justify its use.

Some companies prioritize cost as their overriding concern for their shipping requirements.

Answers

Answer:

i think its d or maybe a

Explanation:

Answer:

ah

Explanation:

If the potential employer is a candle-making company, _____ would be one of the employer’s raw materials.


mold

match

wax

none of the above

Answers

Answer:

wax

Explanation:

Raw materials are the components or ingredients used to manufacture finished goods. They are the unprocessed materials that go through the production process or refining to give a consumable product.

Wax is the main raw material in the production of candles. A company involved in making candles need a source of wax to stay in business.

Which economic system produces goods based on supply and demand and
encourages entrepreneurs through profit motive?
A. Traditional
B. Modified command
C. Command
D. Market

Answers

Answer:

D. Market

Explanation:

A market economy can be defined as an economic system that produces goods based on supply and demand and encourages entrepreneurs through profit motive.

In a perfect market economy, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a market economy, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Hence, a market economy is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Hence, the price and quantity of goods that are to be supplied by the producers (manufacturers) to the consumers are mainly determined by the forces of demand and supply.

Answer: The answer is C. Market

Edge2020

Explanation:

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Have a great day.

Specialization can help a country's economy by:
O A. reducing the level of division in its labor force.
O B. increasing its overall opportunity costs.
O C. increasing the cost of its voluntary exchanges.
O D. reducing its need to be self-sufficient.

Answers

Answer: reducing its need to be self-sufficient

Answer:

reducing its overall opportunity costs.

Explanation:

1. Do you think it's really important to start saving for retirement as early as possible? Why or
why not?

Answers

Yes, I think it is important to save for retirement as early as 18 years old. I think this so that if anything goes wrong you can have kind of like a safety net.
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