Question

Identifying types of resources. Each resource described is an element of labor, capital, or land. Choose the correct type of resource illustrated by each example.A) A truck used by a delivery service company.    B) The physical strength one develops through weight training.    C) Oil that needs to be extracted for the production of gasoline.

Answer 1

Answer:

A truck used by a delivery service company - capital

 B) The physical strength one develops through weight training - labour

 C) Oil that needs to be extracted for the production of gasoline - Land

Explanation:

Land- it includes all natural resources used in the production process. Oil is a natural resource.

Labour - all human effort expended in the production of goods and services.

Capital - capital are resources purchased with money which enhances production.

I hope my answer helps you