Question

Mention three important characteristics of capital as a factor of production​

Answer 1

Answer:

Capital is more Mobile than other Factors of Production:

Of all the factors of production, capital is the most mobile. Land is perfectly immobile. Labour and entrepreneur also lack mobility. Capital can be easily transported from one place to another.

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Answer 2

Answer:

Capital is more Mobile than other Factors of Production:

Of all the factors of production, capital is the most mobile. Land is perfectly immobile. Labour and entrepreneur also lack mobility. Capital can be easily transported from one place to another.

Explanation:

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