What is a capital factor of production?

1. The tangible goods created by labor

2. The raw materials used to produce goods

3. The plan companies make to sell goods

4. The work people do to produce goods

Explain three things you will not do when driving.

What is the difference between a shortage and scarcity? A shortage can be temporary or long-term, but scarcity always exists. A shortage is a lack of all goods and services; scarcity concerns a single item.

The strategy of convincing a customer to buy a higher-priced item than he or she had originally intended is called

What are barriers to entry?

A part-time worker earned five times as much in september as in each of the other months. what part of the worker's earnings was earned in september? 5/12 5/16 5/14 5/11

Which of the following statements is consistent with the ideas that W. Edwards Deming promoted regarding quality management? a. Understanding variation is essential to improving quality b.

In a recent annual report, Fourth Wall Inc. (formerly Greencube) disclosed that 61,700,000 shares of common stock have been authorized.

This type of evidence can lead to the hasty generalization fallacy Personal Experience Intuition Analogy Research

Interest rates generally reflect the potential elects of initation the level of risk in an investment the real value of the investment the amount of money invested

What is a variable expense? A. An expense that is the same during some months, and different during other months. B. An expense that is the same from month to month. C. An expense that is different from month to month. D. None of the above.