Answered

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What are the basic types of resources used by producers? Choose three answers.

A. capital
B. labor
C. value
D. scarcity
E. land

Sagot :

GinnyAnsweridn

Final answer:

Producers utilize capital, labor, and land as basic types of resources for production.


Explanation:

Factors of Production

The three basic types of resources used by producers are capital, labor, and land. Capital refers to machinery and tools, labor is the human effort applied to production, and land represents the natural resources used in production.


Learn more about Factors of Production here:

https://brainly.com/question/988852


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