A. are unlimited in supply
B. have high cost of production
C. are free gifts of nature
D. do not command any price
Correct Answer:
Option C – are free gifts of nature
Explanation
Natural resources exist naturally unlike man made resources that are created by human beings. The existence of natural resources is not attributed to any human activities, they are acts of nature.
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…