Question on: JAMB Commerce - 2023
Land as a factor of production does not vary in
A
cost
B
quality
C
quantity
D
nature
Ask EduPadi AI for a detailed answer
Correct Option: C
Land as a factor of production does not vary in quantity. The total amount of land available is fixed and cannot be increased or decreased, unlike other factors of production like labor or capital, which can vary in amount.
Add your answer
Please share this, thanks!
No responses