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प्रश्न
All factors of production are equally mobile.
विकल्प
True
False
उत्तर
This statement is False.
Explanation:
Factors of production are not equally mobile. Mobility refers to the ease with which a factor of production can move from one use to another or from one location to another.
- Labour and capital can be relatively mobile, especially within certain industries or regions, but factors like skill requirements, regulations, or physical constraints can still limit their mobility.
- Land is generally immobile because it cannot be moved from one location to another.
- Entrepreneurs may have more mobility, but market conditions, legal environments, and personal circumstances still influence them.
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संबंधित प्रश्न
Primary factors are
Use of high yielding variety of seeds of related to productivity of ______.
The reward of an entrepreneur is in the nature of ______.
Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?
Explain complex division of labour with the help of an example.
What do you understand by the term 'Capital formation'?
Explain any three factors which affect capital formation.
Name the factors of production.
Match the following:
| Factor of Production | Characteristic |
| A. Land | (i) Subject to depreciation |
| B. Mannual labour | (ii) Risk and Bearing |
| C. Capital | (iii) Permanent |
| D. Entrepreneur | (iv) Involves physical work |
Choose the correct alternative:
Define production.
