Which of the Following Resources Is Necessary to Efficiently Combine

question 116

Multiple Choice

Which of the following resources is necessary to efficiently combine other resources to produce goods and services?

• A) natural resources
• B) capital
• C) labor
• D) entrepreneurial ability
• E) financial institutions

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Definitions:

Startup Company

A newly established business, often in the tech or innovation sectors, that aims to meet a marketplace need by developing a viable business model around a product, service, platform, or idea.

Commercial Finance Companies

Financial institutions that provide loans to businesses using accounts receivable, inventory, equipment, and property as collateral.

Assets

Economic resources or valuable items that an individual, corporation, or country owns or controls with the expectation that it will provide future benefits.

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.