what are the basic types of resources used by producers? choose three answers.\n□ capital\n□ labor\n□…

what are the basic types of resources used by producers? choose three answers.\n□ capital\n□ labor\n□ value\n□ scarcity\n□ land

what are the basic types of resources used by producers? choose three answers.\n□ capital\n□ labor\n□ value\n□ scarcity\n□ land

Answer

Brief Explanations:

In economics, the basic resources used by producers are factors of production. Capital refers to man - made goods used in production like machinery. Labor is the human effort involved. Land includes all natural resources. Value and scarcity are economic concepts but not basic resources.

Answer:

A. capital B. labor E. land