Which of the following is necessary to the actual production of goods - ProProfs Discuss
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Which of the following is necessary to the actual production of goods and services?



A. Capital Resources
B. Consumers
C. Utility
D. Fiscal contracts

This question is part of Hospitality & Tourism 1070 2012-13 District
Asked by Greg.eppes, Last updated: Jul 03, 2020

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greg.eppes

Greg.eppes

Answered Aug 17, 2018

Capital Resources

Capital resources. Capital resources are the money, machinery, equipment, and supplies used in production. They are only one type of resource used in production. Utility is usefulness added to a product. Utility enables products to meet the needs of the consumers who buy and use the product. Fiscal control is government use of price controls, licensing, wage control, tax rates, and other monetary methods by government to regulate business.
 

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