Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

6. Match each one of the types of flow with its example:
1. Consumer spending
Y
Y
2. Goods and services
3. Factors of production
4. Cost of production
a. Rent paid for store space
b. Teenager working for clothes store
c. Teenager buying a cheeseburger
d. Pair of jeans

Sagot :

lheduardomarques

We combine each of the flow types with their example:

1. Consumer spending - c. Teenager buying a cheeseburger

2. Goods and Services - d. Pair of pants

3. Factors of production - b. Teenager working for clothing store

4. Production cost- A. Rent paid for the store space

What are factors of production and what are they used for?

Factors of production are the goods needed to produce a given final product. They are the elements that make production possible. Classically, economic theory considers three factors of production:

  • capital (usually represented by K)
  • labor (L)
  • and natural resources or land (T).

With this information, we can conclude that Material goods Are those that, as the name implies, are material and tangible.

Learn more about Factors of production in brainly.com/question/988852

#SPJ1

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.