meiyrarodriguez
16.06.2021 •
Business
The problem of determining what goods and services society should produce: would not exist if government owned all of the resources. exists because we can produce more than we need or want. exists because there are not enough resources to provide all of the goods and services that people want. would not exist if all goods and services were scarce.
Solved
Show answers
More tips
- F Food and Cooking Kick Your Taste Buds Into Gear with This Authentic and Delicious Recipe for Solyanka...
- O Other What happens if you get scared half to death twice?...
- F Family and Home What s That Noise When a Kettle Boils? The Science of Water and Steam...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- W Work and Career How much does an honest traffic police officer earn in a day?...
- F Food and Cooking Red Caviar: How to Choose the Best?...
- S Style and Beauty How to Get Rid of a Bruise: Tips and Tricks...
- H Health and Medicine Is Massage Necessary? Facts and Opinions...
- L Leisure and Entertainment Should You Buy a Ceramic Knife?...
- C Computers and Internet Best Antivirus: How to Choose Protection for Your Computer?...
Answers on questions: Business
- B Business Why would you enter labels into aworksheet...
- B Business Which of you he following government offices individuals fund their college education? office of education technology office of postsecondary education office of vocational...
- B Business After luke tries to understand wang-li s family situation, wang-li shares his concerns about his ability to complete his work responsibilities. Then luke asks questions...
- B Business ‘The business concept is the starting point for any new business.’ Explain...
- E English Part B: Which piece of evidence best supports the central idea from Part A? OA The corrupt men who ran businesses did not like Sinclair O B. Sinclair wanted to write...
- M Mathematics So like can someone help me with this test...
- M Mathematics She needs help to answer plz and an explanation too?!??...
- M Mathematics For the expression below, show each binomial expansion and then write the expression in the simplest form. Show your work. (x+3)^5 - (x-3)^5...
- M Mathematics 4) What is the measure of angle B?* 102 133 E 117 B 170 А F OA) 98 degress OB) 108 degress OC) 118 degress OD) 128 degress...
- M Mathematics Help pls it is do today...
Ответ:
exists because there are not enough resources to provide all of the goods and services that people want.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
The four factors of production are;
I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.
II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.
III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.
IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).
These four (4) factors of production when combined effectively and efficiently are used for the manufacturing or production of goods and services that meets the unending requirements or needs of the consumers.
However, the problem of determining what goods and services society should produce in order to meet the unending requirements or needs (demands) of consumers, exists because there are not enough resources such as the factors of production to provide all of the goods and services that consumers want.
Ответ:
get it
Explanation:
idk frl frl i would as your teacher honey bun