Which of the Following Resources Is Necessary to Efficiently Combine

question 16

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:

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and signifies a claim on part of the corporation's assets and earnings.

Operating Activities

The day-to-day activities of a company involved in producing and selling its products or providing services, which generate most of the company's cashflows.

Indirect Method

A technique used in cash flow statements to adjust net income for non-cash transactions, depreciation, and changes in working capital.

Depreciation Expense

The portion of an asset's initial cost allocated over a specific period as an expense, reflecting its usage and deterioration.