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:

Kg

An acronym for kilogram, a unit of mass in the International System of Units (SI), equivalent to approximately 2.20462 pounds.

Pounds

A unit of weight used primarily in the United States, equivalent to 0.453592 kilograms.

Convert

To change something into a different form or properties, often referring to changing beliefs, units, or file formats.

Milliliters

A unit of volume in the metric system, commonly used to measure liquids, equal to one thousandth of a liter.