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SHOW LESS 55 Water, despite often scarcity, is considered a renewable resource. Entrepreneurship is a slightly more recent addition to the list … Study with Quizlet and memorize flashcards containing terms like Money is not considered a capital resource in economics because money is, Why is entrepreneurial ability distinct from … It is considered a resource because all of the biodiversity cannot live without it. Its value is enhanced by human labor that cultivates or extracts valuable materials. Sep 28, 2022 · Land is considered as an important resource because : It is used for different purposes such as agriculture, forest, mining, pastures, etc. y style sex position b) is used to produce things. These resources are also called the factors of production. In economic terms, land encompasses not just the physical surface of the earth, but also the natural resources that can be obtained from it, such as minerals, oil, and agricultural products. Land is considered a resource because it a. We also have human resources, which, by definition, indicate that it has something to do with humans. go2rtc picam webrtc requires labor to be useful Solution. Land, labor, and capital also are known as factors of _____. For this company, the $ 15 is the , and discontinuation of shirt production is considered their_ apportunity cost; production cast production cast; resource cost productian cast; apportunity cast resource cast; production cost The field, the cows, and the milk and beef they produce are all examples of the factor of production known as land Oil in the ground is a natural resource because it is found (not manufactured) and can be used to produce goods and services. Soil is considered a renewable resource because it can be replenished over time through natural processes such as weathering of rocks and decomposition of organic matter. conference on decision and control 2025 is used to produce things. ….

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