Question

Which factor of production has least mobility

Answer 1

Answer:

Factor mobility. refers to the ability to move factors of production—labor, capital, or land—out of one production process into another. Factor mobility may involve the movement of factors between firms within an industry, as when one steel plant closes but sells its production equipment to another steel firm.

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Answer 2

Explanation:

LAbour has the highest mobility, hence migrating from one place to another is very common.