Here Janet is experiencing social exclusion during the theme party.
Janet is experiencing feelings of exclusion and alienation. She may be feeling embarrassed, judged, or uncomfortable in her outfit compared to the other guests. She may also be feeling hurt, angry, or frustrated that the host implied that she should leave the party without directly asking her to. Social exclusion is the process by which persons are barred from (or denied full access to) numerous rights, opportunities, and resources that are ordinarily available to members of another group and are essential to social integration and human rights observance within that group. Social exclusion refers to a scenario in which not everyone has equal access to the opportunities and services that enable them to live a decent and happy life. This includes the inability to contribute to and have their opinion heard on the norms of the society in which they live.
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Caitlin studied the relationship between gender and adjustment to retirement. She controlled for type of job before retirement and set up tables relating gender to retirement adjustment for each of her three categories of job type before retirement. The relationships displayed in these tables are known as:
Moderator-mediator interactions.
What are Moderator and mediator interactions?Moderator-mediator interactions refer to the relationship between an independent variable (the moderator) and a dependent variable (the mediator). The moderator is an independent variable that affects the strength or direction of the relationship between an independent and dependent variable.
The mediator is a dependent variable that acts as an intermediary between the independent and dependent variables, allowing for the effect of the independent variable on the dependent variable to be explained. Together, the moderator and mediator act as a system to explain the causal relationship between the independent and dependent variables.
The moderator can be anything from a demographic characteristic to an environmental factor, while the mediator can be anything from an attitude to a behavior. This type of interaction is important in understanding the impact of different variables on each other, and in designing interventions to create positive change.
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hatter company's new bond issue with face amount of $7 million sells for $6.8 million. which of the following facts may explain why the bonds sell at a discount? multiple choice question. hatter company's reputation must have been recently impaired. hatter company's stated interest rate must be lower than that of competing companies in the bond market. hatter company must have issued its bonds after the first interest payment was due.
The stated interest rate of Hatter Company shall be less than the stated interest rate of Hatter Company's rivals in the bond market.
What is bond market?The bond market is a financial market where players can purchase and sell debt securities or issue fresh debt, known as the primary market or secondary market, respectively. This typically takes the form of bonds, though it may also be notes, invoices, and other types of debt for both public and private spending. The term "bond market" broadly refers to the buying and selling of different debt instruments issued by several businesses. Bonds are a form of debt capital that governments and corporations issue to finance operations or look for expansion prospects. In exchange, they agree to pay back the principal plus interest.The purchase and sale of fixed-income debt securities is made possible by the bond market.To learn more about bond market, refer to:
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you tour a company and notice that employees all seem to have a common goal and understanding of procedures. what would be the contributing factor for this? responses action plan action plan strategies strategies organizational structure organizational structure safety manuel
As you visit a firm, you note that all of the staff appear to have a single goal or objective and a grasp of how things are done. The contributing factor for this might be proper action plan strategies.
The correct option is A.
Setting goals, agreeing on steps to accomplish those goals, and mobilising the resources required to carry out those activities are all parts of strategic planning. A strategic plan outlines the methods and resources that will be employed to accomplish those objectives.
Planning, legislation, neighbourhood norms, incentives, and educational options are examples of action strategies.
A detailed strategy that lays out the measures to follow in order to achieve one or more goals is known as an action plan.
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Answer:
action plan
Explanation:
because the guy above said so and he has an expert verified answer
how was the ticda target audience different from the original target audience identified at launch? why is this important to overall company growth and market strategy success?
Target market segmentation ensures the company reaches the right audience with the right message.
The largest demographic you wish to offer your goods or services to is your target market. The largest group of customers and consumers you can contact is this one. Within the target market, the target audience is a more focused demographic. Before creating a marketing plan, conduct market research on your target market to better understand your consumers' and clients' demands.You can learn how to change each of the 4 Ps (Price, Place, Promotion, and Product) to generate value for your clients and distinguish your product in the marketplace by creating a marketing plan that incorporates demographic research as well as spending and purchasing goals and strategies.
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3. how can the adverse selection problem explain why you are more likely to make a loan to a family member than to a stranger?
In this case- Since you know your family members better than strangers, you know more about the family borrower's honesty, propensity for risk taking, and other traits.
A situation in which sellers have knowledge that buyers do not, or vice versa, regarding a particular aspect of product quality, is referred to as adverse selection. In other words, it is an instance of asymmetric information being used against the user. Asymmetric information—also known as information failure—occurs when one party to a transaction has more in-depth knowledge of the relevant facts than the other party.Typically, the seller is the one with more expertise. When both parties know the same thing, this is known as symmetric information.Adverse selection, as it applies to insurance, refers to the propensity for people with risky occupations or lifestyles to buy policies like life insurance. In these situations, the buyer is the one who actually knows more (i.e., about their health). Insurance companies lessen exposure toadverse selection in order to .To know more about financial statements here
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supreme inc. sells its products with a 3-year warranty. the company estimates warranty costs relating to sales during the current year are as follows: current year (year 1): $10,000; year 2: $25,000; year 3: $15,000. assume that actual warranty costs during the current year were as estimated. what is the amount of the estimated warranty liability that supreme should recognize on its current year balance sheet?
The amount of the estimated warranty liability that Supreme should recognize on its current year balance sheet would be $10,000, as that is the estimated warranty cost for the current year (Year 1). The estimated costs for Year 2 and Year 3 would not be recognized on the current year's balance sheet.
What is Warranty Liability Recognition?The act of budgeting for the anticipated costs a business will face in honoring its warranty obligations to consumers is known as warranty liability recognition. When a business offers a product with an assurance, it is required to make an estimation of the expenses it will probably have to pay to satisfy the warranty and to record those expenses as a liability on its balance sheet. When the customer makes use of the warranty, the liability is subsequently categorized as an expense on the income statement. This procedure is carried out to make sure the business has set aside sufficient funds to pay the predicted warranty expenses and to deliver precise financial information to shareholders and other interested parties.
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the financial markets allocate capital to corporations by
A) reflecting expectations of the market participants in the prices of the B) requiring higher returns from companies with lower risk than their ce their competitors. C) rewarding companies with expected high returns with lower relative D) relying on the opinion of investment bankers
The financial markets distribute cash to businesses by reflecting participant expectations in the price of the company's shares.
What types of financial marketplaces are there?Any marketplace where trading in securities takes place is referred to as a financial market, which includes the stock market, bond market, currency market, and derivatives market, among others. Financial markets are crucial for the proper operation of capitalist economies.
How do the financial markets operate?In a financial market, companies and individuals can agree to buy or sell certain goods like stocks, bonds, or futures contracts. Getting the greatest bargain on a purchase is the objective of both buyers and sellers.
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You are choosing between two health clubs. club a offers membership for a fee of plus a monthly fee of club b offers membership for a fee of plus a monthly fee of after how many months will the total cost of each health club be the same? what will be the total cost for each club?
The total cost would be the same as You are choosing between two health clubs.
How to get the solution?
You’d have to write equations for the price per month for each club.
Let X Equal the number of months of membership, and Y Equal the total cost.
Club A’s is
Y=25X+40
And Club B’s is
Y=30X+15
Because we know that the prices, Y, would be equal, we can set the two equations equal to each other.
25X+40=30X+15 We can now solve for X By isolating the variable.
25x+25=30x
25=5x
5=x
After five months, the total cost would be the same.
While Health Clubs have the same weights and cardio equipment as gyms, they outperform gyms in terms of facilities and programs. A Health Club has showers, locker rooms, pools, clinics, sports courts, and everything else that can turn you into a peak fitness machine.
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what types of resources could be managed well by developing approaches to their use based on calculating sustainable yields?
Answer:
There are several types of resources that could be managed well by developing approaches to their use based on calculating sustainable yields, including:
Renewable natural resources: These include resources such as timber, fish, and wild game that can be harvested in a sustainable manner without depleting the resource. By determining the sustainable yield of these resources, managers can ensure that they are harvested at a rate that allows the resource to replenish itself over time.
Non-renewable natural resources: These include resources such as coal, oil and natural gas, which are finite and can't be replenished once they are extracted. By calculating sustainable yields for these resources, managers can ensure that they are extracted at a rate that allows for their continued use over time, and avoids depletion.
Agricultural resources: These include resources such as crops, pasture, and livestock. By determining the sustainable yield of these resources, managers can ensure that they are used in a way that preserves the productivity of the land over time, by rotating crops, maintaining soil fertility and preserving biodiversity.
suppose a perfectly competitive firm can increase its profits by increasing its output. then it must be the case that the firm's: group of answer choices marginal revenue exceeds its marginal cost. marginal revenue equals its marginal cost. price exceeds its marginal revenue. marginal cost exceedsits marginal revenue.
price exceeds its marginal revenue, Let's say a firm with perfect competition may boost its earnings by raising its production. Consequently, if the firm's pricing is higher than its marginal revenue, this must be the case.
A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership. Most businesses only have one location. On the other hand, a business company is made up of one or more physical locations that are all owned by the same person and have the same EIN (EIN). The term "firm," when used in a title, is frequently connected to companies that offer expert legal and accounting services, but it may also refer to a wide range of companies, including consulting, marketing, and graphic design firms, among others. A company has one or more locations, all of which are owned by the same person and file their financial reports using the same EIN.
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Mel's Meals 2 Go purchases cookies that it includes in the 10,000 box lunches it prepares and sells annually. Mel's kitchen and adjoining meeting room operate at 70 percent of capacity. Mel's purchases the cookies for $0. 60 each but is considering making them instead. Mel's can bake each cookie for $0. 20 for materials, $0. 15 for direct labor, and $0. 45 for overhead without increasing its capacity. The $0. 45 for overhead includes an allocation of $0. 30 per cookie for fixed overhead. However, total fixed overhead for the company would not increase if Mel's makes the cookies. Mel himself has come to you for advice. "It would cost me $0. 80 to make the cookies, but only $0. 60 to buy. Should I continue buying them?" Materials and labor are variable costs, but variable overhead would be only $0. 15 per cookie. Two cookies are put into every lunch. How would you advise Mel? Prepare a schedule to show the differential cost
We are interested in examining which expenditures and revenues will not be present in a differential cost schedule.
What, using an example, is differential cost?
Differential costs are the costs associated with two or more business choices. In particular, a differential cost occurs when there are several similar options and only one can be chosen at the expense of the others.
How is differential cost determined?
The corporation determines the difference cost by subtraction of the cost of the proposed additional capacity from the cost of the current capacity in order to determine the viability of the new selling price. The minimal selling price is then calculated by dividing the differential cost by the extra production units.
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in addition to providing assistance at the register, what else should be done to provide great customer service to a customer with a disability? mark all that apply five guys
Customer service excellence can help you succeed in a variety of industries and careers, particularly in sales, consulting, retail, food and beverage, advertising, and marketing.
The provision of prompt, high-quality support to customers by a company and its staff is referred to as good customer service. Customer service can include everything from assisting clients with purchases to resolving issues online.
By meeting client needs, customer service representatives are accountable for making sure that consumers have a positive experience. Customers may be dealt with in-person. Because it is a skill set that companies value, honing your customer service abilities can help you succeed in your career.
5 ways to provide great customer service:
1. Be friendly.
2. Respond promptly.
3. Know your product or service.
4. Listen to your customers
5. Say thank you.
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Economics is the study of the choices people make in attempting to manage their scarce resources.True.False
leading is solely the responsibility of the manager.T/F
False. Leading is a shared responsibility between the manager and the team.
What is manager ?A manager is a person responsible for overseeing and coordinating the work of a group of people in an organization. They set goals, make decisions, and provide guidance to ensure that their team is working towards the same objectives. Managers also monitor progress and performance, provide feedback, and take corrective action when necessary. They may also be responsible for hiring, training, and developing employees. In addition to their leadership role, managers are often responsible for budgeting, scheduling, problem-solving, and other administrative tasks. Ultimately, managers play a critical role in helping organizations achieve their goals by leading their teams effectively.
The manager should provide guidance and direction, but the team should also take ownership of their work and contribute to the overall success of the organization.
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the full premium was submitted with the application for life insurance, and the policy was issued two weeks later as requested. when does the policy coverage become effective?
The life insurance coverage was issued two weeks after the full premium was received with the application. When does the policy's protection start to take effect? as of the date of application.
When the requested policy is issued, what happens to a signed application?After reviewing the application, the insurance firm (the offeree) determines whether or not to accept the offer. If the insurer approves the application and issues the requested policy, it has accepted the offer and the policy is now a formal written agreement between the parties.
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The cost of lighting the factory would be classified as _____ when determining the cost of a manufactured product.
a. a period cost
b. an indirect cost
c. a direct cost
d. None of the above
The cost of lighting the factory would be classified as b. an indirect cost when determining the cost of a manufactured product.
Indirect costs are expenses that are not directly related to the production of a specific product or service, but are still necessary for the overall operation of a business. Examples of indirect costs include rent, utilities, and general office expenses. These costs are typically not included in the calculation of the cost of a specific product or service, but are instead spread across all products or services.Indirect costs, also known as overhead costs, are expenses that are not directly related to the production of goods or services, but are necessary for the overall operation of a business.
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which of the following is true of emerging trends in the international market? multiple choice offshoring involves low-skilled manufacturing jobs with repeatable tasks. globalization is limited to a particular sector of the economy. u.s. managers in overseas locations typically have the necessary cultural understanding to attract and retain talented employees. in most emerging markets, companies are now facing an excess of talented employees. although companies may be attracted to offshoring because of potentially lower labor costs, reshoring is becoming more common.
Although companies may be attracted to offshoring because of potential lower labor costs, reshoring is becoming more common
What is international market?Any market that is not a company's domestic market—which is its home country—is considered an international market. The United States and Mexico are only two of the many foreign markets available to Canadian enterprises.A domestic market is one that is contained within a company's home country's borders, whereas an international market is any geographic area where a corporation conducts business that is outside of the country's territorial limits. The promotion of goods or services outside of your company's home market is known as international marketing. Consider it a form of global commerce. Brands are able to build a worldwide audience, raise their level of brand recognition, and, of course, expand into new markets.To learn more about international market refer to:
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with her resources sally can produce 36 units of good x or 108 units of good y. what is her opportunity cost of producing 6 units of good x? round your answer to two decimal places.
Sally's opportunity cost of producing 6 units of good x would be 18 units of good Y.
The opportunity cost of producing 6 units of good X is 18 units of good Y. This is because for every 6 units of good X that Sally produces, she has to give up 18 units of good Y. Therefore, the opportunity cost of producing 6 units of good X is 18 units of good Y. Opportunity costs represent the implicit benefits that an individual, investor, or business misses out on when choosing one volition over another. Because opportunity costs are unseen by description, they can be fluently overlooked. Understanding the implicit missed openings when a business or existent chooses one investment over another allows for better decision timber. Opportunity cost analysis plays a pivotal part in determining a business’s capital structure. A firm incurs an expenditure in issuing both debt and equity capital to compensate lenders and shareholders for the threat of investment, yet each also carries an opportunity cost.
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Which fire extinguisher can damage electronic components?
A dry chemical fire extinguisher can damage electronic components.
What is fire extinguisher?
A fire extinguisher is a device used to put out fires. It is a portable cylinder-shaped container filled with a pressurized extinguishing agent. The most common type of fire extinguisher is the dry chemical extinguisher, which contains a dry chemical powder, such as monoammonium phosphate, that is expelled as a fine spray. Other types of fire extinguishers include CO2 (carbon dioxide) extinguishers, water extinguishers, foam extinguishers, and wet chemical extinguishers. Fire extinguishers can be used to extinguish small fires before they become large and out of control. They should be kept in easily accessible places and checked regularly for proper operation. Fire extinguishers can save lives and property and should be used only when it is safe to do so.
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in its december 31, year 4 balance sheet, demark inc. reported accounts receivable of $800,000 before allowance for credit losses of $25,000. credit sales during year 5 were $630,000, and collections from customers, excluding recoveries of $5,000, totaled $740,000. during year 5, accounts receivable of $20,000 were written off. demark estimated that $35,000 of the accounts receivable at december 31, year 5, was uncollectible. in its december 31, year 5 balance sheet, what amount should demark report as accounts receivable before allowance for credit losses?
An Illustration of a Credit Loss Allowance Let's say a company had $40,000 in accounts receivable on September 30. It calculates that 10% of its accounts receivable won't be paid,
so it adds $4,000 to a credit entry to cover credit losses ($10,000 x $40,000).
On the balance sheet, how are accounts receivable valued and reported?They are recorded in a company's balance sheet at the net realizable value, which is the value the company anticipates receiving in the future. After subtracting the bad debts, the net value of accounts receivable is calculated.
When uncollectible accounts are written off, is the allowance for doubtful accounts debited?Businesses debit the allowance for doubtful accounts and credit their account receivable when a doubtful debt becomes a bad debt. However, there are occasions when customers pay the amount that was deducted as bad debt. The balance sheet manager debits the accounts receivable to reverse the account when this occurs.
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the incomes of consumers of inferior good y decrease. what is the effect of the change in incomes on the market for good y?
if the income of the Consumer increases, the Demand Curve for an inferior good shift down to the left.
The intersection of a supply and demand curve is known as an equilibrium point. There is a place where the supply and demand curves intersect when you look at a supply and demand curve graph. The equilibrium point is when these two lines connect, indicating that the supply and demand are equal.The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time.
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what is the present value of a perpetuity with payments starting one year from now. the first payment is $25,000. assume a discount rate of 8%.
This gives us a present value of $312,500. This means that if an investor were to invest $312,500 today, the payments received in the future would be equal to the duration payments at that rate.
Present value of a perpetuity formula:
PV = C / r
Where:
PV = Present Value
C = Annual Payment
r = Discount Rate
Substituting the values into the formula:
PV = $25,000 / 0.08
PV = $312,500
In this case, the present value of the perpetuity is calculated by dividing the first payment of $25,000 by the discount rate of 8%. Perpetuity payments will continue forever unless payments are interrupted. This calculation is based on the assumption that the discount rate remains the same throughout the duration of the perpetuity.
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Wetlands offer a diversity of benefits. They provide a habitat for wildlife, spawning grounds for U.S. commercial fish, and renewable timber resources. In the last 200 years, the United States has lost more than half its wetlands. Environmental Almanac gives the percentage of wetlands lost in each state in the last 200 years. For the 30 of the lower 48 states, the percentage loss of wetlands per state is as follows. 42 89 38 27 60 67 73 9 27 38 59 50 87 54 48 20 33 85 52 90 50 50 52 35 46 35 35 46 37 46 Make a stem-and-leaf display of these data. (Use the tens digit as the stem and the ones digit as the leaf. Enter NONE in any unused answer blanks.) Percent of Wetlands Lost COVOU AWN NONE 377 3555788 22666 000 26 99 07 >XXXXX 5 77 How are the percentages distributed? Is the distribution skewed? Are there any gaps? (Select all that apply.) These data are strongly skewed left. The percentages are concentrated from 20% to 60%. These data are fairly symmetric, perhaps slightly skewed right. There is a gap showing that none of the lower 48 states has lost from 60% to 69% of its wetlands. There are no gaps in the data. There is a gap showing that none of the lower 48 states has lost from 10% to 19% of its wetlands. The percentages are concentrated from 60% to 90%.
The distribution is slightly right skewed, with more numbers clustered around the lower percentages and a few outliers with the higher percentages. There are no gaps in the distribution.
What does a right skewed distribution indicate?A right-skewed distribution indicates that most of the data is located at the left side of the distribution, with values gradually decreasing as they move to the right side. This type of distribution is also referred to as a positively skewed distribution because the tail of the graph extends to the right. Right-skewed distributions are common when analyzing variables such as income, or other economic data, where a majority of the population earns a lower wage and a small percentage makes a much higher wage. Right-skewed distributions can also be seen in the analysis of test scores, where the majority of the population will have a lower score and a few will have a very high score.To learn more about skewed distribution refer :
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eams at rockstar software corp. often operate in silos. based on this fact, will the company be a successful learning organization?
Rockstar will struggle to be a learning organization since information is not shared among the many departments.
An organization is a group of individuals working together to achieve a common goal, such as a company, institution, or association (Commonwealth English; see spelling variations). The word is derived from the Greek word organon, which can be used to describe a tool, an instrument, or an organ. Firms, governments, non-governmental organizations, political parties, international organizations, military forces, nonprofits, for-profit businesses, partnerships, cooperatives, and educational institutions are just a few examples of the many distinct legal forms of organizations. A hybrid organization is one that pursues both commercial market operations and public functions. It works simultaneously in the public and private sectors.
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a pricing modifier should be entered in the first modifier field if an informational modifier is also reported. question 6 options: true false
A pricing modifier should be entered in the first modifier field if an informational modifier also reported is a True Statement.
Two characters (letters or numbers) appended to a CPT® or HCPCS Level II code constitute a medical coding modifier. The modifier adds information about the medical procedure or service.
Two important categories are pricing modifiers : A pricing modifier is a medical coding modifier that changes the pricing for the reported code. Pricing modifiers must be placed before any informational modifiers in the Multi-Carrier System (MCS) that Medicare uses for claims processing.
An informational modifier is a type of medical coding modifier that is not a payment modifier. Statistical modifiers are another name for informational modifiers. On the claim, these modifiers come after the pricing modifiers. Because informational modifiers can affect whether a code is reimbursed, they may be relevant to payment.
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What form of organization will give creditors the maximum protection in the event that regal signsregal signs​, ​inc., fails and cannot pay its​ debts?
Because there are two or more owners to share this responsibility, proprietorship.
In the event that Hudson signs, what kind of organization will provide creditors with the greatest level of protection?In the event that Hudson Signs, Inc. fails and is unable to pay its debts, what type of organization will provide creditors with the greatest level of protection? Corporation, Limited Liability Partnership (LLP) limited partners, and Limited Liability Company
In the event that keyboard warrior fails and is unable to pay its debts, what kind of organization will provide creditors with the greatest level of protection?In the event that Keyboard Warrior fails and cannot pay its debts, Partnership will provide creditors with maximum protection. Because there are two or more owners to share the business's debts, an organization provides creditors with more protection than a sole proprietorship.
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which two techniques aid in decisions about where an organization wants to go? multiple select question.
Diversification analysis and Business Portfolio analysis are the two techniques aid in decisions about where an organization wants to go.
Which two of the following are SWOT analysis components?
SWOT analysis has two core components: strengths and weaknesses. SWOT is an abbreviation for Strengths, Weaknesses, Opportunities, and Threats.
The implementation phase includes four components:
Getting resources.
Creating a marketing organization.
Making plans for the future.
Implementing the marketing strategy.
There are several levels.
Corporate strategy: This level addresses the fundamental question of what you aim to achieve.
Business unit strategy: This level focuses on how you intend to compete.
Market level strategy: This level of strategy focuses on how you want to expand.
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what does it mean when the irs accepts your federal return?
Once your return has been evaluated and passed the IRS's initial examination, you will receive notification that they've accepted it.
A refunding firm is what?A refunding services is a scam operation in which a skilled refunder promises to get refunds for customers in return for a charge. Refunders often use social media and other digital channels to market their brands, and they use messaging applications to communicate with their customers.
How long does it take to refund the amount?Typically, it takes three to seven days max for a reimbursement to be completely processed, although this might change depending on the circumstance. The credit issuer has a big impact on how fast the transaction unfolds.
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when preparing correcting entries, a.the erroneous entry must be reversed. b.the erroneous entry must be combined with the correcting entry. c.the erroneous entry may be combined with the correcting entry. d.the erroneous entry is never reversed.
The incorrect entry must be merged with the corrected entry when creating correcting entries.
The correct option is b.
To fix an error in a transaction that has already been entered to the general ledger, a journal entry known as a "correcting entry" is made. It's conceivable, for instance, that the monthly depreciation entry was made to the amortisation expense account in mistake.
If this is the case, the corrective entry would credit the amortisation expense account and debit the depreciation expense account to transfer the entry to the depreciation expense account. An alternative would have been to reverse the first entry and replace it with a fresh one that accurately allocates the amount to the depreciation account.
An accounting corrective entry fixes a mistake that was entered into your records. For instance, you may submit an entry in the incorrect account or input the incorrect amount for a transaction. As soon as you see an error, you need to create a journal entry to remedy it.
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children in single-parent households are at a greater risk of lower standards of living primarily because of . group of answer choices lower moral standards that are held by single parents lack of role models and a positive reference group lack of attention having fewer economic resources than two-parent households
Because single-parent homes often have less economic resources than two-parent households, children in these households are more likely to have poorer standards of life.
The resources utilised to conduct economic activity are known as economic resources. Land, labour, capital, and entrepreneurship are the four primary categories of economic resources, and these categories are where the rest of the resources come from. Inputs, resources, or components of production are what are utilised in the production process to generate output, which in economics refers to commodities and services. According to the connection known as the production function, the amounts of the various inputs used influence the amount of output. The resources that make up the foundation of the economy and are used by people to generate products and services are called factors of production.
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