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Question
Read the following statements carefully and choose the correct alternative:
Assertion (A): Land is a passive factor of production.
Reason (R): Capital is subject to depreciation.
Options
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
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Solution
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
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RELATED QUESTIONS
Which of the following is not a characteristic of land?
Land is hetrogeneous because ______.
- It varies in fertility
- It varies in productivity
- It varies in density of population
Give two characteristic features of land as a factor of production.
Land can be destroyed by man.
Land is mobile
Land is a free gift of nature.
Supply of land is unlimited.
Why is land considered a passive and an indestructible factor of production.
Name the factor of production whose supply is fixed.
