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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


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


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)


Which prefix has the greater value is greater kilo or milli?

The prefix kilo- is larger. Kilo- means thousand. The prefix milli- means thousandth.


What does greater than mean-?

Greater than (mathematical symbol >) means a value that is larger.


Is 11.1 greater or less than 11.100?

No, They are the same value Trailing zeros AFTER a decimal point can be ignored.


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


When comparing Q to Ksp an initial Q value greater than Ksp indicates that?

It means a precipitate will form