Question

What is the importance of land in production function?

Answer 1

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☆ Land is rich in coal, water and petroleum, which are used for generating power.

☆ Land is required to construct factories and industries to carry out the production process

Answer 2

Answer:

Explanation:

Land is rich in coal, water and petroleum, which are used for generating power. Land is required to construct factories and industries to carry out the production process. Land is of great importance to mankind. A nation's economic wealth is directly related to the richness of its natural resources.