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The resources used to make all goods and services are the?
factors of production
Why all goods and services are scarce?
All resources are scarce.
What does economist mean by the term Land?
all Natural Resources used to produce goods and services.
All goods and services are scarce because the resources that compose them are scarce?
Resources are limited .
Natural resources that are used to make goods and services are considered .?
labor
What are resources used to make all goods and services?
factors of production
What are resources used to make all goods and services called?
factors of production
The resources used to make all goods and services are the?
factors of production
What are capital resources?
Capital resources are goods produced and used to make other goods and services. They include tools, machines, and factories used to produce goods.
Why all goods and services are scarce?
All resources are scarce.
What does economist mean by the term Land?
all Natural Resources used to produce goods and services.
When markets make economics decisions convert resources into goods and services?
Demand will always force markets to make economic decisions to convert resources into goods and services. Without demand. There is any reason to convert the resources.
What are natural resources that are used to make goods and services?
labor
Why goods and services are scarce?
All resources are scarce.
All goods and services are scarce because the resources that compose them are scarce?
Resources are limited .
What are the three main kinds of resources and how is each one define?
The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.
What are natural resources that are used to make goods and services considered?
labor
