Which of the following includes the four basic resources supplied by households?

Question

Quizplus · Accepted Answer

The four basic resources supplied by households are labor (the physical and mental capacity of individuals to produce goods and services), natural resources (gifts of nature that can be used to produce goods and services), entrepreneurial ability (the ability to organize and manage resources to meet a need and take risks in pursuit of profit), and capital (goods produced by one person that are then used in further production). Choice E includes all four of these resources.

Which of the Following Includes the Four Basic Resources Supplied