The factors of production are inputs and outputs. The corresponding payments refer to what the finished good is being sold for.
The four factors of production are land, labour, capital and entrepreneur. Land: Corn, sugar etc. Labour: Factory workers, farmers Capital: Machinery Entrepreneur: Kellog's
* Increased Competition * Decreased Market size * Undesirable change in the legal / governmental environment * Inefficient production or management * Lack of sales ability
Mortgage payments are very expensive nowadays, so you have to work hard to get rich and to get all the worldly desires you have, you can use a calculator to calculate mortgage payments.
The greatest common factor of 18 and 27 is 9.The common factors of 18 and 27 are 1, 3, and 9.Methods:One way is to make an educated guess. If you recognize that both numbers are divisible by 9, check whether the corresponding factors of the factor pairs have common factors. Note: When the sum of the digits of a number add up to 9 or a multiple of 9, that number is divisible by 9.9 x 3 = 27Since the corresponding factors of the factor pairs, 2 and 3, do not have any common factors, the greatest common factor is 9.Another way to determine the common factors and greatest common factor is to find all the factors of the numbers and compare them.The factors of 18 are 1, 2, 3, 6, 9, and 18.The factors of 27 are 1, 3, 9, and 27.The common factors are 1, 3, and 9. Therefore, the greatest common factor is 9.The greatest common factor can also be calculated by identifying the common prime factors and multiplying them together.The prime factors of 18 are 2, 3, and 3.The prime factors of 27 are 3, 3, and 3.The prime factors they have in common are 3 and 3, so the greatest common factor is 3 x 3 = 9.
Converting the flat rate of interest to diminishing rate and vice versa takes into account the payments the loan entails. Flat interest rates reflect the amount of interest you will pay if no payments over time are made. Diminishing interest rate factors in that after a payment is made, your over all loan balance will be less, there for your next payment will have slightly less principal balance for interest to be calculated on.
The three factors of production are capital, labor, and land. Two types of payments are from firms and households. These payments go to the goods and services markets.
There arent only 2 payments of production and it depends on which factor of production you're talking about. For Labour - the payment to the factor is Wages, For Capital - Interest For land - Rent Entrepreneurship - Profits These payments to the factos of production are provided by the firms. M x
There are four factors of production. The first is land, which payments are for rent. The second is labor, for which the payment is wage. The third is capital, and the payment is interest. The fourth is entrepreneurship and the remuneration is profit.
They are called factor payments.
Three factors of production: Labor, Capital, and Land Two payment types: Resource Markets and Product Markets
Factors of production
The four factors and payments are: 1.land; rent 2.labour; wage 3.capital; intrest 4.enterpreneurship; profit
There are four factors of production. The first is land, which payments are for rent. The second is labor, for which the payment is wage. The third is capital, and the payment is interest. The fourth is entrepreneurship and the remuneration is profit.
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
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