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Question
all of the following would be included in the definition of natural resources as a factor of production except:
a. physical facilities used to produce goods and services, such as office buildings and factories.
b. trees used for lumber to build houses.
c. soil used in agricultural production.
d. fossil fuels used to create energy.
e. land upon which a factory is built.
Natural resources as a factor of production are naturally occurring resources (like land, trees, soil, fossil fuels). Option A describes physical facilities (capital, not natural resources). B (trees), C (soil), D (fossil fuels), E (land) are natural resources. So A is the exception.
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A. Physical facilities used to produce goods and services, such as office buildings and factories.