Ask Question
BusinessBusiness
21 June, 19:06

A natural resource, such as fishing territories, is considered an example of:

A) only capital.

B) both land and labor.

C) land only.

D) land, labor, capital and entrepreneurship.

+5
Answers (1)
  1. 21 June, 22:10
    0
    Answer: Option C

    Explanation: In simple words, land refers to the place where the core operations of the business have to happen initially such as manufacturing, administration etc.

    Capital refers to the resources that are invested by owners with the objective of operating business. And labor refers to the man force employed in business for operations.

    Hence fishing territory is a land as it is not invested by any owner and without any employment of workforce it does not have any utility.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A natural resource, such as fishing territories, is considered an example of: A) only capital. B) both land and labor. C) land only. D) ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is shared decision-making?
Answers (2)
New college graduates still looking for their first jobs would be classified in the BLS data as.
Answers (1)
Suppose the united states dramatically increases benefits for unemployed workers. explain what will happen to the natural rate of unemployment.
Answers (1)
Powers Corporation has provided the following information for its most recent month of operation: sales $16,000; ending inventory $4,000, purchases $8,000 and gross profit $10,000. How much was Powers' beginning inventory
Answers (1)
A business selling a single service or product needs to indicate as such on the Item List or in the Easy Step Interview.
Answers (1)
New Questions in Business
acuBlade Castings Inc. casts blades for turbine engines. Within the Casting Department, alloy is first melted in a crucible, then poured into molds to produce the castings.
Answers (1)
Lakisha is a professor of economics. She is currently earning $100,000 a year as a professor. She decides to quit her job as a professor and opens a consulting firm. In order to do this, she cashes out her retirement fund of $200,000.
Answers (1)
true or false Activity cost pools are factory overhead costs initially budgeted for activities, such as machine usage, inspections, moving, production setups, and engineering activities.
Answers (1)
Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop-down menus to enter the accounts.
Answers (1)
A company is considering purchasing a machine for $21,000. The machine will generate an after-tax net income of $2,000 per year. Annual depreciation expense would be $1,500. What is the payback period for the new machine? a. 4 years. b. 6 years. c.
Answers (1)
Home » Business » A natural resource, such as fishing territories, is considered an example of: A) only capital. B) both land and labor. C) land only. D) land, labor, capital and entrepreneurship.
Sign Up Forgot Password?