Economy, asked by utsavvakani5970, 1 year ago

State any four characteristics of labour as a factor of production

Answers

Answered by lucky306
5
labour is the second most important factors of production.
without a labour a production activity can not takes place .
labourer provides labour to production activity.
it's remunaration is wage.
it is a flexible resource.


thnx hope it help u ...
Answered by Anonymous
3

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

Similar questions