Productive assets that are physically consumed in operations are:

A. Land improvements.

B. Natural resources.

C. Equipment.

D. Land.

B. Natural resources

Explanation:

The assets which are consumed physically and are productive also is come under the natural resources. The example of natural resources includes mineral deposits, coal mine, iron, etc. It is also known as wasting an asset. These are considered as long term assets

In the case of the natural resources, the depletion expense is charged, not the depreciation or amortization expense