Question

Name any four characteristics of capital as a factor of
production?​

Answer 1

Answer:

The following are the characteristics of the capital as a factor of production: Capital is an artificial factor of production. 2. Capital is required on every stage of production, right from the acquisition of raw materials until the marketing of the finished goods in the marketplace.

Answer 2

• Capital is an artificial factor of production
• Capital is required on every stage of production.