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Question
Which of the following is not a characteristic of land?
Options
Heterogeneous
Immobile
Carries an element of judgement
Fixed supply
Solution
Carries an element of judgement
Explanation:
Heterogeneous, Immobile and Fixed supply are the characteristics of land, but carrying an element of judgment is not characteristic of land because land does not include judgment.
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RELATED QUESTIONS
Land is hetrogeneous because ______.
- It varies in fertility
- It varies in productivity
- It varies in density of population
Read the following statements carefully and choose the correct alternative:
Assertion (A): Land is a passive factor of production.
Reason (R): Capital is subject to depreciation.
Give two characteristic features of land as a factor of production.
Land can be destroyed by man.
Land is mobile
Land is a free gift of nature.
Supply of land is unlimited.
Why is land considered a passive and an indestructible factor of production.
Name the factor of production whose supply is fixed.
