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notka56 [123]
3 years ago
9

What are the three types of economic resources? Give an example of each type of resource.

Business
2 answers:
fiasKO [112]3 years ago
8 0

"The three types of economic resources are also referred to as factors of production. Land (including all natural resources), Labor (including all human resources), Capital (including all man-made resources), and when you combine all of those you get production. "


BartSMP [9]3 years ago
8 0

The three types of economic resources and they are land, labor, and capital. Labor is what comes when humans work and produce items for their job. They are putting in labor hours to complete a task and getting compensated for it. Land is defined as natural resources. These resources are items that are just "there" for us to use, not man-made. The final is capital, capital are all items that are man-made resources. These items are a combination of other items to make a final good.

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Explanation:

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7 0
3 years ago
A(n) _____ is a business that is based primarily in a single country but acquires some meaningful share of its resources or reve
NeTakaya

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Explanation:

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3 years ago
In Appellia, it takes 10 units of resources to increase its output of sugar from 12 tons to 13 tons, but 11 units of resources t
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Answer:

b. diminishing returns to specialization.

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This is exemplified in this secanrio where it takes 10 units of resources to increase its output of sugar from 12 tons to 13 tons, but 11 units of resources to increase output from 13 tons to 14 tons, and 12 units of resources to increase output from 14 tons and 15 tons.

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2 years ago
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WHAT IS THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMINISTRATION
myrzilka [38]

Answer:

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