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प्रश्न
All factors of production are equally mobile.
पर्याय
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
Entrepreneurship is otherwise called ______.
The factors for production are ______, ______, ______.
Use of high yielding variety of seeds of related to productivity of ______.
Which factor of production is not a hired factor?
Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?
Mention two differences between an entrepreneur and other factors of production.
Explain any three characteristics of capital.
The Indian labour suffers from low efficiency. Explain your answer with three reasons for low efficiency of Indian labour.
Match the following and select the correct option.
| Factor of Production | Reward of factor of production | ||
| (i) | Land | (A) | Wage |
| (ii) | Labour | (B) | Profit |
| (iii) | Capital | (C) | Rent |
| (iv) | Entrepreneur | (D) | Interest |
Tick the one which does not belong to the following group.
