हिंदी

Define Or Explain the Land. - Economics

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प्रश्न

Define or Explain the Land.

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उत्तर

Land

In economics land includes all natural resources which are available on, above, and under the surface of the earth. Land is the natural factor of production, it is permanent in nature. The elasticity of land is perfectly inelastic. Land is perfectly immobile.

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2014-2015 (October)

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