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does a labor means of value means a greater need of labor then capital?
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Which factor of production are used by a car rental company to provide a service that has value?
capital and labor
Which factors of production are used by a landscaping service to provide economic value?
labor, capital, and natural resources
What is market value of capital employed and how is the evaluation?
the market value of capital is a company's to market value minus is liability
What does Human Capital means?
the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
What happens when the value is greater than one in elasticity?
it means that price is elastic. Price elastic means that a little change in the price will cause a substantial change in the quantity demanded.
Which factor of production are used by a car rental company to provide a service that has value?
capital and labor
What is the definition of greater than or equal to?
greater than means when the # is bigger in place value. equal to means the # is the same as the other #
Which factors of production are used by a landscaping service to provide economic value?
labor, capital, and natural resources
What is value adding?
In economics, the difference between cost of materials and labor to produce a product, and the sale price of a product is the Value added. In national accounts used in macroeconomics, value added is the contribution of it refers to the contribution land, labor, and capital goods (the factors of production), to increasing the price of a product, the value added is then the income received by the owners of these factors. The national value added is shared between capital and labor (as the factors of production), and this sharing gives rise to issues of distribution.sources: http:/en.wikipedia.org/wiki/Value_a
Which prefix has the greater value is greater kilo or milli?
The prefix kilo- is larger. Kilo- means thousand. The prefix milli- means thousandth.
How can the index of openness be greater than 100?
A value greater than 100 means that the country's exports are bigger than its overall level of production (GDP or GNP). Such a situation could occur if much of the economic activity of the country in question involved the assembly and export of final products made from imported raw or partially assembled materials. The value in excess of 100 comes about from the fact that output is (always) measured in terms of value added -- the value of capital and labor services devoted in this case to the assembly of goods -- while exports are measured in terms of the total value of goods -- including the value of the imported parts. Clearly, in such circumstances it is quite likely for exports to be greater than value added. (Source: International Economics Eighth Edition)
What does greater than mean-?
Greater than (mathematical symbol >) means a value that is larger.
What if percent error is greater than zero?
It means that the measured value is greater than the true value. Unless the experiment can be made error-free, that should happen around half the time.
Variation in the value of gravity?
Mass and distance alter gravity Mass is directly proportional to the gravitational force, but distance is inversely proportional. (In other words, greater mass means greater force, and greater distance means less force)
Is -9.09 less than or greater than -9.1?
When dealing with negative numbers, the smaller the number means it has greater value. So -9.09 is greater than -9.1, in other words: -9.09 > -9.1
What is the contact phone number for the Capital Appreciation Fund company?
Capital Appreciation Fund is a mutual fund that increases the value of assets through growth stocks. The higher the investment with growth stocks, the greater the risk. There is no information about a company named Capital Appreciation Fund.
What does the word more mean when you are using algebraic expression?
It means the same as it does in everyday use: having a greater value.
