ABC Minimg Inc

question 14

Multiple Choice

ABC Minimg Inc.is a small-scale mining company that started its business in 20011.By the year 2018,the firm had to close its operations.The company had been continuously laying off its employees since 2016,which led to the further downsizing of the firm.The decline in the availability of minerals in its operating region since 2014 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

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Definitions:

Gee's Bend

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Fabric creations comprised of multiple layers sewn together, often featuring intricate patterns or designs and used for warmth or as decorative items.

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