Asked by

Mujtaba Ahmed
on Nov 11, 2024

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Which of the following is the fundamental resource that is the basis of labor?

A) Capital
B) Natural resources
C) Time
D) Money
E) Entrepreneurial ability

Fundamental Resource

Basic inputs used in the production of goods and services, typically including labor, capital, land, and entrepreneurship.

Labor

The physical and mental effort used to produce goods and services.

  • Understand the diverse kinds of resources and their contributions to production.
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MZ
Maurice ZeiglerNov 14, 2024
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