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Natural resources including trees and oil are part of which factor of production? O A. Land O B. Labor O C. Capital O D. Scarcity
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4 votes
Natural resources including trees and oil are part of which factor of

production?
O A. Land
O B. Labor
O C. Capital
O D. Scarcity

User Athif Saheer
by
2.8k points

2 Answers

7 votes

Answer: a. land

Step-by-step explanation:

User Suraj
by
3.2k points
1 vote

Answer:

A. Land

Step-by-step explanation:

Land includes any natural resources that land creates used to produce goods and services sold for a profit. Land also includes raw materials. Trees & oil are raw materials. Trees can be used to create paper & oil can be used for fuel. This makes A. the correct answer.

User RicardoVallejo
by
3.2k points
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