Which statement is false?
A) Land is the primary factor of production used in the production of all goods and services.
B) An entrepreneur combines all the factors of production.
C) Growth in the economy shifts the PPC left.
D) An economy is efficient if it maximizes utilization of all the available scarce resources.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which statement is false? A) Land is the primary factor of production used in the production of all goods and services. B) An entrepreneur ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Martha receives $200 on the first of each month. Stewart receives $200 on the last day of each month. Both Martha and Stewart will receive payments for 30 years. The discount rate is 9 percent, compounded monthly.
Answers (1)
You can estimate the value of a company's stock using models such as the corporate valuation model and the dividend discount model.
Answers (1)
Canon began as a camera-making company but has since become a company that produces a wide range of office equipment in addition to cameras. Canon's managers evidently believe in growth through:
Answers (1)
In running a home business, it is important to keep accurate financial records.
Answers (1)
Folio Company estimates total manufacturing overhead costs to be $80,000 for the year and estimates direct labor hours to be 4,000 for the same period.
Answers (1)
New Questions in Business
The chief reason that some firms choose acquisitions (or mergers) to enter a foreign market is that they can: Select one: A. receive greater tax relief. B. receive greater profits. C. reduce debt. D. increase stock price. E.
Answers (1)
Kaila, the owner of a costume shop, has a three-year strategic goal to serve 15 percent more customers and increase margins by 5 percent. to achieve this goal, she will lease the retail space next door.
Answers (1)
You make sure that when you hire new people, you get input from each of the existing team members. If they are happy with the new hire, they are more likely to make that person part of the team, and the team will sell more.
Answers (1)
Which of the following scenarios would cause sound to stop being produced
Answers (1)
Kelly received a cookbook in the mail that she had not ordered. the packing slip read: " return this book to the publisher within 14 days or send a check for 35 to the address below.
Answers (1)