Natural Resources Are

question 45

Multiple Choice

Natural resources are

• A)not considered scarce because no one pays for them
• B)only desired for use in producing other goods
• C)included in the category of resources called gifts of nature
• D)available in unlimited quantities
• E)not considered scarce because they are not produced by society

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Definitions:

Assumptions Section

Part of a business plan or project proposal where foundational premises and estimations for future operations are outlined.

Contingency

A future event or circumstance that is possible but cannot be predicted with certainty.

Manufacturing And Operations

The processes related to the production and delivery of products and services, encompassing everything from raw material procurement to final product assembly and distribution.

Inventory Control

The supervision of supply, storage, and accessibility of items to ensure an adequate supply without excessive oversupply.