Advertisements
Advertisements
Question
Land is an ______ factor of production.
Options
Mobile
Immobile
Temporary
Active
MCQ
Fill in the Blanks
Solution
Land is an immobile factor of production.
Explanation:
- Land is considered an immobile factor of production because it cannot be moved from one location to another.
- Due to its fixed nature, it is a fundamental and static component of the production process, which means that its value and utility depend on its location and the resources it contains.
shaalaa.com
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Define or Explain the following concepts
Land
Briefly explain two methods that increase land productivity.
Distinguish between the following.
Land and capital.
State with reason whether you agree or disagree with the following statement.
Supply of land is fixed.
Fill in the blank with appropriate alternative given below
Land is a free gift of _______________.
What is land ?
Factors of production are ______.
Which of the following are considered as factors of production?
Land as a factor of production, can earn income in the form of ______.
State two functions of land as a factor of production.
