Which of the following is not a characteristic of land

CA Foundation · Business Economics · MTP · June 2024
Which of the following is not a characteristic of land
(A) A. Land is immobile
(B) B. Land is active factor
(C) C. Land has multiple uses
(D) D. Land is heterogeneous

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Land is active factor

Topics: Theory of Demand and Supply

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