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Natural resources including trees and oil are part of which factor of
production?
O A. Land
O B. Labor
O C. Capital
O D. Scarcity


Sagot :

Answer:

A. Land

Explanation:

Land includes any natural resources that land creates used to produce goods and services sold for a profit. Land also includes raw materials. Trees & oil are raw materials. Trees can be used to create paper & oil can be used for fuel. This makes A. the correct answer.

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