Which of the following is an example of a labor resource?

• A. A delivery truck used for transporting goods
• B. A computer used for data processing
• C. A factory worker operating machinery
• D. A plot of land used for farming

Answer: (C)

Verified step by step guidance

1. Understand the concept of labor resources in microeconomics: Labor refers to the human effort, both physical and mental, used in the production of goods and services.
2. Identify the options given and classify each as either labor, capital, or land resources. Capital includes man-made tools and equipment, while land refers to natural resources.
3. Analyze the option 'A delivery truck used for transporting goods' — this is a man-made tool, so it is a capital resource, not labor.
4. Analyze the option 'A computer used for data processing' — this is also a man-made tool or equipment, so it is a capital resource, not labor.
5. Analyze the option 'A factory worker operating machinery' — this involves human effort, which fits the definition of labor, making it the correct example of a labor resource.