Tag: production mechanism
Questions Related to production mechanism
Which of the following have a positive effect on the productivity of land?
The average productivity of land is defined as the output obtained from land divided by ____________.
Which of the following highlight/s the importance of land?
The productivity of land depends on the availability of ____________ as land alone cannot produce anything without it.
Economic rent refers to which of the following?
If more and more capital and labour are employed on a piece of land after a certain point, the output increases by _________.
_____is/are characteristic of land.
The supply curve of land is __________.
Which of these is not land in economics?
Which of the following will have a flat supply curve?