Question

Give​ ​any​ ​three​ ​characteristics​ ​of​ ​Labour​ ​as​ ​a​ ​factor​ ​of production.

Answer 1

Three characteristics of labour as a factor of production are as follows :

1. Labour is Perishable

2. Labour cannot be separated from the Labourer

3. Less Mobility of Labour

Answer 2

Answer:

Characteristics of Labour as a Factor of Production

1] Perishable in Nature

2] Labour is Inseparable from the Labourer

3] Human Effort

4] Labour is Heterogeneous