Which of the following is equivalent to the costs that firms incur in acquiring economic resources?

A) revenues from the product
B) income of the resources
C) money flowing from the resources
D) profits from the resources employed

Economic Resources

Assets or inputs, including land, labor, capital, and entrepreneurship, that are used in the production of goods and services.

Costs

Expenses incurred in the production of goods or services, including materials, labor, and overhead expenses.

Firms

Business organizations or entities engaged in commercial, industrial, or professional activities, aiming to generate profits.