Question

Name the fixed and most abundant factor of production. Discuss in detail.

Answer 1

Answer:

The fixed and most abundant factor of production is Land and machineries which will be with u long years

Answer 2

Land is the most fixed and abundant factor of production.

Explanation:

• The three most important factors of production in an economy are land, capital and labour. Land and labour are the most abundant factors of production.  

• The land is a limited resource that is fixed and hence cannot be recreated. As compared to labour that is mobile and distributed. These are basic factors of production.

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• brainly.in/question/11505454 answered by anirudh8339.