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:

Administrative Costs

Expenses related to the general administration of a business, such as salaries of non-production employees, office supplies, and utilities.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Family-friendly

Policies or practices that are considerate of and supportive towards employees' family commitments, enabling better work-life balance.

Alienating

Creating a feeling of estrangement or detachment among individuals or within a group, often leading to a sense of isolation or disconnection.