Limestone, shells, and chalk are some of the raw materials used in the manufacture of cement. Raw materials like these constitute the _____ of the cement industry.
A) factors of production
B) visible artifacts
C) intangible resources
D) economies of scale

Question

Quizplus · Accepted Answer

Limestone, shells, and chalk are physical inputs necessary for producing cement, making them factors of production for the cement industry. Factors of production include all resources needed for the creation of a good or service, such as labor, land, and capital.

Limestone, Shells, and Chalk Are Some of the Raw Materials