Question

Land is an ______ factor of production.

Options

• Mobile

• Immobile

• Temporary

• Active

Answer 1

Land is an immobile factor of production.

Explanation:

• Land is considered an immobile factor of production because it cannot be moved from one location to another.
• Due to its fixed nature, it is a fundamental and static component of the production process, which means that its value and utility depend on its location and the resources it contains.