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Productive resources: Human, Capital, Natural, Management, Entrepreneurs, and Technology
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∙ 14y ago
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Manufactured goods needed to produce other goods and services are called?
Capital Goods.
What resources are needed to produce goods and services?
production materials
What are resources needed to produce goods and services called?
Factors of production
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
Who determines what goods to produce in the economy?
It is the demand and supply which determines the goods and services to produce in the economy.
Manufactured goods needed to produce other goods and services are called?
Capital Goods.
What resources are needed to produce goods and services?
production materials
What are resources needed to produce goods and services called?
Factors of production
What do you call the four resources needed to produce goods and services?
land, labor, capital and entrepreneurship
What are the four basic questions of economy?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
Do you believe Grenada resources is utilizing to produce goods and services?
i think there goods and services are excellent!!
Who determines what goods to produce in the economy?
It is the demand and supply which determines the goods and services to produce in the economy.
Technological advancements can improve productivity by doing which of the following?
Developing machines that reduce the human effort needed to produce goods and services.
What are the 3 basic economic questions?
The three basic economic questions are:What goods and services should be produced?How should the goods and services be produced?For whom should the goods and services be produced?
What is a purpose of a firm?
To produce goods and services
What is the purpose of the firm?
To produce goods and services
