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Cost of cocoa beans
Scale of production
Cost to convert to chocolate
Cost of selling and distribution
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∙ 12y ago
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What are 4 economic goals for a country?
1) Full employment 2) Price Stability 3) Economic Growth 4) Efficiency in production
What economic data does a production possibilities curve bring together?
Total value of 4 factors of production including:LandLaborCapitalEnterprizeThe PPC curve adds all these factor ups and create a curve show the possible optimum level of production for 2 competing goods.
What are the factors that affect economic development?
The factors that affects economic development are 1. Unemployment. 2. Youth restiveness. 3. Government Policy. 4. Income level. 5. Population. 6. Other economic activities.
What are 4 factors of production and their remuneration in detail?
There are four factors of production. The first is land, which payments are for rent. The second is labor, for which the payment is wage. The third is capital, and the payment is interest. The fourth is entrepreneurship and the remuneration is profit.
What are the 4 basic inputs that make up the factors of production?
land , labour , capital , organization
Australia's 4 factors of production?
Australia's (and every other country) four factors of production are:LandLabourCapitalEntrepreneurship.Hope this helps
What are 4 economic goals for a country?
1) Full employment 2) Price Stability 3) Economic Growth 4) Efficiency in production
What economic data does a production possibilities curve bring together?
Total value of 4 factors of production including:LandLaborCapitalEnterprizeThe PPC curve adds all these factor ups and create a curve show the possible optimum level of production for 2 competing goods.
What are the 4 factors of production?
Land, Labour, Capital, and Enterprise
What are the factors affecting community health?
1. Political factors 2. Socio-cultural factors 3. Economic factors 4. Environment factorspolitical,socio-economic,heredity,environment,bahavior, and health care delivery systems
What are the factors that affect economic development?
The factors that affects economic development are 1. Unemployment. 2. Youth restiveness. 3. Government Policy. 4. Income level. 5. Population. 6. Other economic activities.
What are 4 factors of production and their remuneration in detail?
There are four factors of production. The first is land, which payments are for rent. The second is labor, for which the payment is wage. The third is capital, and the payment is interest. The fourth is entrepreneurship and the remuneration is profit.
Why do some firms remain small?
Because they might not have the 4 factors of production and the cost of production me be too high or to much for them to handle.
Why is unemployment a primary macroeconomic goal?
Think of the 4 factors of production: Land, Labor, Capital and Enterprise. Each of these factors need to be maximized in order to get to the potential output level as illustrated in a Production Possibility curve. In order to fully utilize Labor, everyone needs to be employed and working at full capacity. Hence, low unemployment can lead to an improved production capacity which in turns increase economic efficiency and possible lead to growth and/or development.
Why is low unemployment a primary macroeconomic goal?
Think of the 4 factors of production: Land, Labor, Capital and Enterprise. Each of these factors need to be maximized in order to get to the potential output level as illustrated in a Production Possibility curve. In order to fully utilize Labor, everyone needs to be employed and working at full capacity. Hence, low unemployment can lead to an improved production capacity which in turns increase economic efficiency and possible lead to growth and/or development.
What are the 4 basic inputs that make up the factors of production?
land , labour , capital , organization
What are the factors that influence language planning?
Factors that influence language planning include sociopolitical considerations, such as government policies and national identity; demographic factors, like population size and distribution of linguistic groups; economic considerations, including language's impact on trade and business; and cultural factors, such as the preservation of heritage languages and promotion of linguistic diversity.
