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Question
Capital as a factor of production is ______ in nature.
Options
Durable
Perishable
Immobile
Limited
MCQ
Fill in the Blanks
Solution
Capital as a factor of production is durable in nature.
Explanation:
- Capital as a factor of production is durable in nature because it includes long-lasting assets such as machinery, tools, and buildings that can be used repeatedly over time to produce goods and services.
- This durability enables sustained production and contributes to economic growth.
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