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

Explanation:

To determine a labor resource, we analyze each option:

• "Money available to be invested" is financial capital, not labor.
• "Water held in a reservoir" is a natural resource (land category in factors of production).
• "A city’s population" represents the human workforce (labor resource, as labor refers to human effort/workers).
• "Electricity produced" is a capital good or output, not labor.

Answer:

C. a city’s population