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Explain - Land As Factors Of Production​

Answer»

riends ☺️ : From the point of view of land as a FACTOR of production, following are its features:Supply is FIXED: land cannot be producedNo GEOGRAPHICAL MOBILITY: Land cannot be shifeted from a place to anotherland differs in FERTILITY: The fertility of a land differs from one place to anotherLand is permanent: Land is a permanent factor of production, the rest are temporary



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