Which Best Describes What Capital Contributes to Production

The means of production should be shared by everyone in society. Which of the following best describes what capital contributes to production.

The Aggregate Production Function

Human effort and ideas that drive production.

. Total number of hours worked c. Resources created by humans to aid production. The simple circular flow model shows that workers entrepreneurs and the owners of land and capital offer their services through _____.

Total output in one year epercentage change in output. Resources created by humans to aid production. Energy from the environment to fuel production.

Which of the following best describes. Resources taken from the Earth to supply production. Energy from the environment to fuel production.

Human effort and ideas that drive production. Which of the following best describes productivity. Human effort and ideas drive production What best describes what capital contributions to productions.

Which of the following best describes what capital contributes to production. Governments should interfere in business only to prevent harm. Which best describes what capital contributes to production.

Human effort and ideas that drive production. Resources created by humans to aid production. Industrialization is an evil that must be stopped.

Workers will unite and overthrow the ruling class to form a classless society. Which of the following best describe how goods and services should be produced. Worker productivity is one of the most important factors that helps us determine the performance of an economy.

A The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government. Best describes what labor directly contributes to production. Resources created by humans to aid production.

Per capita gdp d. Capital per worker b. The four major factors of production are capital land labor and entrepreneurship.

Which statement best describes a capitalist economy. The Economic Role of Capital Capital is unlike land or labor in. A By using cost-maximizing production methods b By locating production facilities optimally to hold down production and transportation expenses c By utilizing a level of labor equal to the level of capital available to a firm.

Which kind of economic system does a capitalist country have. How is production to be organized. Which of the following best describes what capital contributes to production.

Resources taken from the Earth to supply production. The means of production should be shared by everyone in society. Which of the following best describes what capital contributes to production.

Which is a question that must be answered before production can take place. Resources taken from the Earth to supply production. Capital investment refers to a companys acquisition of assets such as real estate manufacturing plants machinery computers vehicles and production equipment.

Economic growth can be measured.

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