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Question
Which of the following is not a characteristic of land?
Options
Heterogeneous
Immobile
Carries an element of judgement
Fixed supply
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Solution
Carries an element of judgement
Explanation:
Heterogeneous, Immobile and Fixed supply are the characteristics of land, but carrying an element of judgment is not characteristic of land because land does not include judgment.
RELATED QUESTIONS
Land is hetrogeneous because ______.
- It varies in fertility
- It varies in productivity
- It varies in density of population
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.
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.
