Explanation

Economists divide the factors of production into four categories: 

land,

labor,

capital, 

entrepreneurship.

Explanation

COUNT keyword is used to find out the number of values in a column.

Explanation

The social security system (sometimes called the benefits system) is an important influence on the distribution of income.

The social security system matters for health because it provides financial support for people across society including

disabled people

unemployed people

people on low incomes

people with long-term conditions.

Explanation

Explanation

Selling expenses can include:

Distribution costs such as logistics, shipping, and insurance costs.

Marketing costs such as advertising, website maintenance, and spending on social media.

Explanation

In financial accounting, debt is a type of financial transaction, that is distinct from equity. 

Debt financing is the opposite of equity financing, which entails issuing stock to raise money. 

Explanation

Non-durable goods are tangible goods that are low priced and normally consumed in one or few uses every day or any time of the day such as:

soaps,

biscuits,

shampoos,

deodorants,

Explanation

Demand is price inelastic if the absolute value of the price elasticity of demand is less than 1;

it is unit price elastic if the absolute value is equal to 1;

and it is price elastic if the absolute value is greater than 1.

Explanation

the doctrine of impossibility was that the event

that made perform- ance impossible must have been unforeseen by the parties at the time the contract was made. 

Explanation

The general reserve can be distributed among the shareholders.

The general reserve can be used for the distribution of dividends among shareholders when profit is insufficient.

Reserves and surpluses are shown on the liabilities side of the balance sheet.