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Is labor an unlimited resource?

Labor is not an unlimited resource. It is influenced by factors such as population size, skill level, education, and social policies that affect the availability of workers. Additionally, labor can be constrained by factors like regulations, technology, and cultural norms that impact the labor force's size and productivity.


What is a renewable resource and give an example?

A renewable resource is a resource that can be replenished naturally over a relatively short period of time. An example of a renewable resource is solar energy, which is constantly being generated by the sun and can be harnessed through solar panels to create electricity.


An example of a readily renewable resource is?

An example of a readily renewable resource is solar energy. Solar energy is derived from the sun's radiation and is continuously replenished, making it an abundant and sustainable source of power.


Example of a nonrenewable resource?

An example of a nonrenewable resource is fossil fuels such as coal, oil, and natural gas. These resources take millions of years to form and are being depleted faster than they can be replenished, making them unsustainable in the long term.


Define flow resource?

A flow resource is neither a renewable resource or a non-renewable resource. It does not remain in one location and moves about because of natural actions in the physical environment. Therefore, it must be used when and where it occurs. Examples of flow resources are: running water, solar radiation, wind, and tides.

Related Questions

What is an example of a resource market?

Resource markets are when households sell and businesses buy, therefore, an example of a resource market is labor. Land, capital and entrepreneurial ability are also a few examples.


What are examples of Labor resources?

If you're asking what the resource "labor" is, it is what it sounds like. Any effort put forth to produce a good or service. If you're asking what a labor resource(?) is, a more universal word for labor resource is human capital. Human capital is the knowledge or skill a person gains through any education or experiences they receive. For example: You receive a specialized education to learn how to drive a train, or make computers. It's not necessarily anything that can be easily learned and requires someone of that specialty to complete that job. Another REALLY good example is a heart surgeon.


What is an example of a resource?

An example of a flow resource is wind or sunlight


What is the name of the resource you exchange when you work?

Labor


Resource cost can be associated with labor cost or material consumable resources?

Variable costs not Resource


What was a fundamental resource of China?

human labor and agriculture


Which of the following is part of the resource or factor market?

labor


What resource is water an example of?

A natural resource.


Example of labor resources?

The way you worded the question makes it difficult to decipher exactly what you're asking. So I'm going to give you two answers because I'm not quite sure. If you're asking what the resource "labor" is, it is what it sounds like. Any effort put forth to produce a good or service. If you're asking what a labor resource(?) is, a more universal word for labor resource is human capital. Human capital is the knowledge or skill a person gains through any education or experiences they receive. For example: You receive a specialized education to learn how to drive a train, or make computers. It's not necessarily anything that can be easily learned and requires someone of that specialty to complete that job. Another REALLY good example is a heart surgeon.


What is an example of a primary resource?

Some example of primary resources are newspapers, journal entries, and letters.


What makes a resource?

The factors of production : land, labor, and capital. You need land (soil, water, minerals, trees, etc) to form the resource, labor to create it, and the money to spend to buy the land, factories, equipment, and labor to manufacture the resources.


Is labor an unlimited resource?

Labor is not an unlimited resource. It is influenced by factors such as population size, skill level, education, and social policies that affect the availability of workers. Additionally, labor can be constrained by factors like regulations, technology, and cultural norms that impact the labor force's size and productivity.