Asked by
Taylor Rubtsov
on Nov 11, 2024Verified
Natural resources are:
A) not considered scarce because no one pays for them.
B) only desired for use in producing other goods.
C) included in the category of resources called gifts of nature.
D) available in unlimited quantities.
E) not considered scarce because they are not produced by society.
Natural Resources
All gifts of nature used to produce goods and services; includes renewable and exhaustible resources.
Gifts of Nature
Natural resources and environmental conditions that are available for human use without the need to modify them significantly.
- Distinguish between different resource types and their application in manufacturing.
Verified Answer
PS
Learning Objectives
- Distinguish between different resource types and their application in manufacturing.
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