Question

Which of the following is not a characteristic feature of land?

Options

• Free gift of nature

• Supply is fixed

• A mobile factor of production

• A passive factor of production

Answer 1

A mobile factor of production

Explanation:

• Land is considered a fixed and immobile factor of production, meaning it cannot be moved from one place to another.
• (a) Free gift of nature, (b) Supply is fixed, and (d) A passive factor of production are all characteristic features of land.
• (c) A mobile factor of production is not a characteristic of land, as land cannot be moved and is fixed in location.