Dizzel Inc.is a small-scale mining company that started its business in 2001.By the year 2008,the firm had to close its operations.The company had been continuously laying off its employees since 2006,which led to the further downsizing of the firm.The decline in the availability of minerals in its operating region since 2004 has contributed vastly to its downfall and also reduced the need to inject new capital since then.Which of the following factors of production has primarily caused the firm to end its operations?
A)Natural resources
B)Capital
C)Human resources
D)Entrepreneurship

Question

Quizplus · Accepted Answer

The decline in the availability of minerals in its operating region has primarily caused the firm to end its operations. This implies that the shortage of natural resources affected the production process, making it unviable for the firm to continue operating.