Tag: land

Questions Related to land

Land refers to -

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. All free gifts of nature.

  2. All man-made resources

  3. Both (a) and (b)

  4. Neither (a) nor (b)

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Correct Option: A

Reserves of Crude Oil is an example of  ________ , as a Factor of Production.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Land

  2. Labour

  3. Capital

  4. Entrepreneurial Skills

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Correct Option: A

Gold Mines is an example of  ________ , as a Factor of Production.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Land

  2. Labour

  3. Capital

  4. Entrepreneurial Skills

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Correct Option: A

As a Factor of Production, the Supply of Land is _____________ from the viewpoint of the entire economy.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Perfectly elastic

  2. More elastic

  3. Less elastic

  4. Perfectly inelastic

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Correct Option: D

Which of these is included in "Land" as a Factor of Production?

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Fertility of Soil

  2. Water

  3. Air

  4. All of the above

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Correct Option: D

As a Factor of Production, Land is _______________.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Permanent

  2. Original and indestructible

  3. A free gift of nature

  4. All of the above are correct.

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Correct Option: D

As a Factor of Production, Land is ___________________.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Fixed in quantity

  2. Variable in quantity

  3. Not quantifiable at all

  4. Not useful for production.

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Correct Option: A

As a Factor of Production, "Land" is one of the  ________ means of Production.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Original

  2. Produced

  3. Derived

  4. Monetary

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Correct Option: A

Land refers to _______________.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Soil and earth's surface

  2. Fertility of soil

  3. Natural resources

  4. All of the above

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Correct Option: D

As a Factor of Production, Land is ________________.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. A free gift of nature.

  2. Fixed in quantity

  3. Variable in terms of fertility and uses

  4. All of the above are correct.

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Correct Option: D