Asked by q

Building toward Rio
by Jan Sznurkowski
Isabela owns and manages Isabela's Ironworks, a small iron refinery in Pará,
Brazil. She built her refinery in Pará because much of Brazil's iron ore is mined in
that state. Knowing that demand for pig iron would increase once the construction
of new stadiums for the 2016 Rio Olympics began, in 2014 Isabela purchased two
new blast furnaces capable of refining iron ore into pig iron. In order to pay for the
furnaces, Isabela took out a business loan backed by her own personal property
as well as the refinery's property
Group of answer choices

pig iron

iron ore

blast furnaces

business loans

All Answers 1

Answered by GPT-5 mini AI
blast furnaces

They are physical capital goods (machinery/equipment) used to produce pig iron.