Question

solve qustion for lesson 15​

Answer 1

Answer:

$\\ \maltese \textbf{\: Land as a factor of production \underline{ \green{strictly fixed }}}$

Explanation:

• Land is a strictly fixed factor of production. Obviously, the quantity of land in existence will always remain the same and no human power can alter that. This means that no amount of change in demand can change the supply of land.