Question

At magnira corp., a company that manufactures fruit preserves, fruits of excellent quality are used to make jams, jellies, and marmalades. in this scenario, the fruits are examples of _____.

Answer 1

The correct answer is: raw materials.

Step-by-step explanation:

Raw materials are the basic components of a finished product. They are called raw because often they are natural resources such as wood, iron or cotton. Raw materials are frequently sold in commodities exchanges. The price of raw material in the market changes as the supply and demand for that material varies.

Answer 2

In the example of the Magnira Corporation, the fruits are turned into jellies, jams, and marmalades an example of raw materials. Raw materials are basic, unprocessed materials that are used to manufacture goods. Raw materials are often referred to as commodities.