Question

Which factor of production is fixed and Scarce

Answer 1

Small farmers usually need to borrow money to arrange for the capital, and are put to great distress to repay the loan. Therefore, capital too is a scarce factor of production, particularly for the small farmers. Though both land and capital are scarce, there is a basic difference between the two factors of production.

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Answer 2

Answer:

Ans is Capital

Explanation:

Otherwise both Capital and land are scare resources. But need of capital is more for small farmer so it is considered as scare.

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