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Explain - Land As Factors Of Production |
| Answer» <html><body><p>riends ☺️ : From the point of view of land as a <a href="https://interviewquestions.tuteehub.com/tag/factor-458892" style="font-weight:bold;" target="_blank" title="Click to know more about FACTOR">FACTOR</a> of production, following are its features:Supply is <a href="https://interviewquestions.tuteehub.com/tag/fixed-457597" style="font-weight:bold;" target="_blank" title="Click to know more about FIXED">FIXED</a>: land cannot be producedNo <a href="https://interviewquestions.tuteehub.com/tag/geographical-1005363" style="font-weight:bold;" target="_blank" title="Click to know more about GEOGRAPHICAL">GEOGRAPHICAL</a> <a href="https://interviewquestions.tuteehub.com/tag/mobility-16557" style="font-weight:bold;" target="_blank" title="Click to know more about MOBILITY">MOBILITY</a>: Land cannot be shifeted from a place to anotherland differs in <a href="https://interviewquestions.tuteehub.com/tag/fertility-460596" style="font-weight:bold;" target="_blank" title="Click to know more about FERTILITY">FERTILITY</a>: The fertility of a land differs from one place to anotherLand is permanent: Land is a permanent factor of production, the rest are temporary</p></body></html> | |