QUESTION IMAGE
Question
which of the following is an example of a labor resource?
money available to be invested in a company
water held in a reservoir
a city’s population
electricity produced by a nearby power plant
Brief Explanations
Labor resources refer to the human effort (physical and mental) used in production. Money is capital, water is a natural resource, electricity is a produced good. A city’s population provides the human labor (workers, skills, etc.) for economic activities.
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a city’s population