Final answer:
The town of Impruneta in Italy provides an example of physical resources as a competitive advantage in business, with the high-quality terracotta sourced from the area's clay. This clay's high iron content allows the finished pieces to withstand low temperatures, providing a unique selling point.
Step-by-step explanation:
The example of the town of Impruneta in the Italian province of Florence, where high-quality terracotta is sourced, demonstrates the availability of physical resources for competitive advantage in business. The high iron content in the clay of the area enables the finished terracotta pieces to withstand very low temperatures. This unique resource allows the artisans to produce durable terracotta products that can be imported and sold.