How are the capital resources used in production
A. They allow producers better access to world market
B. They make it possible to employ more skilled labradors
C. They provide tools to make production more efficient.........
D. They purchase the Rall materials needed for production
C. They provide tools to make production more efficient.
The correct answer is C. Capital resources provide tools to make production more efficient. Capital resources refer to assets that are used in the production process, such as machinery, equipment, buildings, and technology. These resources enable producers to effectively carry out their production activities by providing tools and equipment that make the production process more efficient and productive.
To arrive at this answer, it is important to understand the role of capital resources in the production process. The use of technology and machinery can enable producers to achieve higher levels of output with fewer resources and less time. This leads to increased efficiency and productivity, as well as cost savings in the long run.
Option A, which states that capital resources allow producers better access to the world market, is incorrect. While capital resources can help businesses expand and reach new markets, this option focuses more on the aspect of market access rather than their specific use in production.
Option B, which claims that capital resources make it possible to employ more skilled labradors, is also incorrect. Although capital resources can enhance productivity and create employment opportunities, the presence of skilled labor is unrelated to capital resources. Skilled labor refers to workers' expertise and knowledge, whereas capital resources pertain to physical assets.
Option D, which suggests that capital resources purchase the raw materials needed for production, is incorrect. Capital resources themselves do not purchase raw materials. They are not involved in the procurement process, but rather in the actual production process itself to make it more efficient.
Thus, option C is the correct answer as it accurately identifies how capital resources are used in production—to provide tools that make production more efficient.