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Robinson Crusoe's decision to produce more capital goods was a strategic move to increase his long-term productivity and self-sufficiency on the island. By investing in tools, equipment, and infrastructure, he aimed to boost his ability to gather resources efficiently, improve his living conditions, and enhance his chances of survival in the long run. This decision was driven by a desire to build a sustainable and prosperous life for himself in the face of the challenges of his isolated environment.
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What is a extent decision?
A decision regarding how much or how many of a product to produce.
What is a factor in the decision of what to produce?
availability of Natural Resources
Who influences the decision of what to produce because of their willingness to buy?
consumers
Which is a factor in the economic decision of what to produce?
availability of natural resources
What does the decision of how much to produce depend upon?
The demand for the goods
What profit used to produce more goods?
capital
What are tools or equipment used to produce other goods?
The Answer is Capital Goods or Capital Good without the (s)
Tool or machine that a company can use to produce goods and services?
Capital goods/ Capital resource.
What are some of the capital resources necessary to produce a dental office or a doctor's office?
are doctor's a capital resources
What does Sacramento produce the most?
It is the capital of California; in the Northern section of it.
What is the advantage and disadvantage of Loan Capital?
it will produce more interest
What does labor operate in order to produce goods and service?
Capital
