What are the peculiarities of land??? Explain.....
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1st) Land is natures Gift man.......
2nd) Land is fixed in quantity.... it is said that land has no supply price......i.e.,The price of land may be high or low but the supply of land remain the same...
3rd) Land lacks mobility....
4th) Land is permanent.....
*******(Hope it helps you)******
2nd) Land is fixed in quantity.... it is said that land has no supply price......i.e.,The price of land may be high or low but the supply of land remain the same...
3rd) Land lacks mobility....
4th) Land is permanent.....
*******(Hope it helps you)******
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