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gross domestic product
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∙ 14y ago
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What is anything used to produce a good or service that will satisfy wants and desires?
resources
What economic term used for the skills and the hours worked by the people who make a good or produce a service?
A market.
What term refers to the process used to produce a good or service such as using a robotic device to assemble cars?
Automation refers to any manufacturing process that uses computer controlled manufacturing. In industry, robotics is often referred to as automated manufacturing.
What is the difference between cash and price?
Price is the amount consumers pay to acquire a good or service whereas cost is the amount used to produce a service or good. Cash is the money in your pocket.
What is a good or service that can be used in place of some other good or service?
an incentive
What is anything used to produce a good or service that will satisfy wants and desires?
resources
What economic term used for the skills and the hours worked by the people who make a good or produce a service?
A market.
What term refers to the process used to produce a good or service such as using a robotic device to assemble cars?
Automation refers to any manufacturing process that uses computer controlled manufacturing. In industry, robotics is often referred to as automated manufacturing.
What is the difference between cash and price?
Price is the amount consumers pay to acquire a good or service whereas cost is the amount used to produce a service or good. Cash is the money in your pocket.
What process is used to produce ammonia?
Haber process industrially.
What process is used to produce sugar?
Photosynthesis
What process is used to produce gamete?
Meiosis(:
What are examples of capital resources?
Capital resources are any goods that are used in the production process to produce a good or service.Capital Resources:TrucksBuildingsToolsCellphonesPrintersFax MachineEaselsMarkers
What is the name of the process used to produce ethanol?
The basic process is called fermentation.
What's the process used for the sun to produce energy?
my butt
What is the process used to produce concentrated forms of alcohol?
It is Fermentation.
What is the name of the process used to produce iron?
This word is siderurgy.
