Which of the Following Is True of Resources

question 82

Multiple Choice

Which of the following is true of resources?

• A) Resources are outputs from the production of goods and services.
• B) A $1,000 investment is an example of a capital resource.
• C) Entrepreneurship organizes resources to produce goods and services.
• D) Land resources do not include water.

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Definitions:

Problem Definition

The process of outlining, explaining, or clarifying the nature and boundaries of an issue or situation that requires resolution.

Search For Solutions

The proactive effort to find effective answers or solutions to problems.

Generate Alternative Solutions

The process of creating multiple possible solutions to a problem in order to find the most effective resolution.

Criteria

Standards, principles, or rules by which something can be judged or decisions can be made.