Advertisements
Advertisements
Question
______ is not a primary factor of production.
Options
Land
Labour
Capital
Fuel
Solution
Fuel is not a primary factor of production.
Explanation:
- Land, Labour, and Capital are considered primary factors of production, as they are fundamental resources used in producing goods and services.
- Fuel is not considered a primary factor of production. Instead, it is typically categorized as an intermediate good or a secondary input used within the production process.
RELATED QUESTIONS
Briefly explain two methods that increase land productivity.
Define land.
Explain four characteristics of land as a factor of production.
Explain the importance of land as a factor of production.
Distinguish between the following:
Land and capital
State two factors that affect the productivity of the land.
What is the land in Economics?
Explain any five characteristics of the land.
What are the characteristics of land?
Students are asked to visit local farmers and to discuss the land and its characteristics. Collect some photographs of land and make an album.
______ of Land differs in different places of the land.
Land is a ______ factor of production.
What is the meaning of the productivity of land?
Which of the following is not a characteristic feature of land?
Which of the following is not a characteristic of land?
Explain the meaning of land as a factor of production.
Which of the following factors of production has a unique supply curve?
Explain four reasons as to why land is considered to be an important factor of production.
