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| 1. |
Write any 3 differences between land and capital. |
| Answer» <html><body><p><strong>Answer:</strong></p><p><img align="absmiddle" alt="\huge \tt \pink{꧁༺ǟռֆաɛʀ༻꧂}" class="latex-formula" id="TexFormula1" src="https://tex.z-dn.net/?f=%20%5Chuge%20%5Ctt%20%5Cpink%7B%EA%A7%81%E0%BC%BA%C7%9F%D5%BC%D6%86%D5%A1%C9%9B%CA%80%E0%BC%BB%EA%A7%82%7D" title="\huge \tt \pink{꧁༺ǟռֆաɛʀ༻꧂}"/></p><p>️️</p><p>️️</p><h2><strong><u><a href="https://interviewquestions.tuteehub.com/tag/land-539118" style="font-weight:bold;" target="_blank" title="Click to know more about LAND">LAND</a></u></strong> </h2><p></p><ul><li><strong>Nature of Factor</strong><strong>:</strong><strong>-</strong> Land is the natural factor of <a href="https://interviewquestions.tuteehub.com/tag/production-14556" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCTION">PRODUCTION</a>, it is permanent in nature.</li><li><strong>Elasticity</strong><strong>:</strong><strong>-</strong><strong> </strong><strong>The</strong> elasticity of land is <a href="https://interviewquestions.tuteehub.com/tag/perfectly-7309466" style="font-weight:bold;" target="_blank" title="Click to know more about PERFECTLY">PERFECTLY</a> inelastic.</li><li><strong>Mobili</strong><strong>ty</strong><strong> </strong><strong>:</strong><strong>-</strong><strong> </strong>Land is perfectly immobile.</li></ul><p></p><p>️️</p><p>️️</p><h2><strong><u>CAPITAL</u></strong></h2><p></p><ul><li><strong>Nature of Factor:-</strong><strong> </strong>Capital is a <a href="https://interviewquestions.tuteehub.com/tag/man-1085541" style="font-weight:bold;" target="_blank" title="Click to know more about MAN">MAN</a> made factor of production. It <a href="https://interviewquestions.tuteehub.com/tag/lacks-538404" style="font-weight:bold;" target="_blank" title="Click to know more about LACKS">LACKS</a> permanency.</li><li><strong>Elasticity</strong>:- The elasticity of capital is relatively elastic.</li><li><strong>Mobili</strong><strong>ty</strong><strong> </strong><strong>:</strong><strong>-</strong><strong> </strong>Capital is mobile factor.</li></ul><p></p><p></p></body></html> | |