Used to produce a product is a capital item

Assignment Help Business Economics
Reference no: EM13834061

Which of the following items used to produce a product is a capital item?

Raw materials

Land

Machinery

Labor

Reference no: EM13834061

Questions Cloud

Explain what is an entity on a data flow diagram : What does a process represent on a context-level data flow diagram. What is an entity on a data flow diagram. What is meant by the term entity-relationship diagram
Incentive plan align the employees incentives with firms : Part of a worker’s pay on an automobile assembly line is based on the number of cars in a pay period that come off the worker’s line and pass inspection. The remaining portion of the worker’s pay is an hourly wage that is fixed and only depends on th..
Describe the company and its product or service : Briefly describe the company and its product or service. Define the steps in the creative process you selected and customize them for the selected company and business problem
Source of profit : Which of the following in NOT a source of profit?
Used to produce a product is a capital item : Which of the following items used to produce a product is a capital item?
Most economists think rent should be abolished : The supply of urban land increases in response to increases in demand. Most economists think rent should be abolished. Pierre-Joseph Proudhon and Henry George took similar stands on rent. Economic rent is the payment above the minimum necessary to at..
Hat is the current value of the firm to the owners : A struggling company currently has a total value of $700,000. It owes $500,000 from debt financing (assume these are loans from the bank if you wish). The value of the company to the owners is the difference between the total value and the amount owe..
Calculate the risk priority number : Produce an FMEA analysis rate and calculate the risk priority number (RPN) to identify improvement actions. Then discuss how powerful an in-depth FMEA mode of thinking can be in an organisational process and the important benefits that such preventat..
Without changing government spending : what amount of additional government spending (without changing taxes) would be needed to reach the desired increase of GDP? what change in total amount of direct taxes (without changing government spending) would be necessary to reach the same incre..

Reviews

Write a Review

Business Economics Questions & Answers

  Exporting-importing and countertrade

Identify what FIDO stands for and how 3M puts FIDO into practice. Assess whether FIDO’s approach could work for other companies or if it is unique to 3M and the products they produce. Write three pages on whether 3M’s specific practice of hiring loca..

  Other high-income market capitalist economies

What are some of the reasons that the U.S. has greater degrees of income and wealth inequality than other high-income market capitalist economies?

  Stock portfolio exactly offsets the amount of extra taxes

Does Ike feel emotionally neutral since the dollar value of the gain in his stock portfolio exactly offsets the amount of extra taxes he has to pay

  Qyou are the ceo of abc neosho missouri you manufacture

q.you are the ceo of abc neosho missouri. you manufacture both wood and upholstery products and have yearly sales in

  What is elasticity of aggregate demand over this interval

What happens to the aggregate quantity demanded in nominal terms over this interval? Using the formula for price elasticity of demand what is the elasticity of aggregate demand over this interval?

  Using existing plant and equipment

Using existing plant and equipment, Priceless Moments Figurines can be manufactured using plastic, clay, or any combination of these materials. A figurine can be manufactured by F = 2P + 5C, where P is pounds of plastic and C is pounds of clay. Plast..

  Graph the bens consumption function

Graph the Bens consumption function also find their households marginal propensity to consume.

  Annual percentage rate

A large bank has increased its annual percentage rate (APR) on credit cards to 35%.?This move was necessary because of the "additional risks" faced by the bank in a weak economy. If monthly compounding is in effect, what is the effective annual inter..

  Illustrate what is james opportunity cost of producing

illustrate what is james opportunity cost of producing chickens which person has an absolute advantage in which activities which person has a comparative.

  Wage is two-sector specific-factors model

Suppose that the wage is $20 per hour in a two-sector (manufacturing and agriculture) specific-factors model. Currently, the prices of manufactured and agricultural outputs are $5 and $1, respectively;

  Which function of management is the ceo most likely

Suppose you are interviewing the CEO of a large company. The CEO is telling you about his or her job as a manager and how he or she spends time. Using the description below, which function of management is the CEO most likely describing in this examp..

  Continue to operate at a loss in short run

Explain the Miami plant which is closed or continue to operate at a loss in short run.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd