Which of the following is true of resources?
A) Resources are inputs used to produce goods and services.
B) Labor is the mental and physical capacity of workers to produce goods and services.
C) Entrepreneurship organizes resources to produce goods and services.
D) All of the above are true.

Question

Quizplus · Accepted Answer

Option A is a correct definition of resources. Option B is a correct definition of labor, which is one of the resources. Option C is a correct definition of entrepreneurship, which also helps in organizing those resources to produce goods and services. Therefore, all the options are true, making option D the correct answer.

Which of the Following Is True of Resources