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 make it possible to employ more skilled laborers. They make it possible to employ more skilled laborers. They provide tools that make production more efficient. They provide tools that make production more efficient. 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. Capital resources, such as machinery, equipment, and buildings, enhance the production process by increasing productivity and enabling the use of advanced technologies.