Which factor of production has limited availability and thus constrains what society is capable of producing?
A) natural resources
B) labor
C) capital
D) natural resources, labor, and capital

Question

Quizplus · Accepted Answer

All factors of production, including natural resources, labor, and capital, have limited availability, which constrains what society can produce. Each of these resources can be a limiting factor in the production process.

Which Factor of Production Has Limited Availability and Thus Constrains