Land is considered a unique factor of production because:

CA Foundation · Business Economics · MTP · January 2026
Land is considered a unique factor of production because:
(A) A. Its supply is elastic
(B) B. It is a produced factor
(C) C. It has indestructible powers
(D) D. It earns wages

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. It has indestructible powers

Topics: Theory of Production and Cost

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