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Paper, pencils, paint, nails, and brooms are examples of ________.

A) supplies
B) capital items
C) raw materials
D) specialty products
E) installations

User Exbi
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1 Answer

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Final answer:

Paper, pencils, paint, nails, and brooms are categorized as supplies, which are used by businesses along with labor and machinery to produce goods and services.

Step-by-step explanation:

Paper, pencils, paint, nails, and brooms are examples of supplies. These are everyday items that businesses use to support their primary business activities. They are not capital items, which are more substantial, long-term assets like machinery and buildings used to produce other goods and services. Instead, supplies like these are more accurately categorized as items that are consumed during the course of normal business operations. In the context of inputs, these supplies are used alongside labor and machinery to produce goods and services, thus forming part of the factors of production.

User Caladan
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