Question

How are capital resources used in production? (1 point) Responses They allow producers better access to world markets. They allow producers better access to world markets. They provide tools that make production more efficient. They provide tools that make production more efficient. They make it possible to employ more skilled laborers. They make it possible to employ more skilled laborers. They purchase the raw materials needed for production. They purchase the raw materials needed for production.

Answer 1

Capital resources are used in production primarily because **they provide tools that make production more efficient.** These resources, such as machinery, equipment, and facilities, enable producers to enhance their productivity and output quality, ultimately leading to increased efficiency in the production process.