Question

Which one of the following is considered as fourth requirement of production?
(a) Tools
(b) Land
(c) Labour (d) Human capital​

Answer 1

Answer:

Land

Explanation:

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Answer 2

Answer:

land

The four requirements of production of goods and services are land, labor, physical capital and human capital. Land is the physical place where all the economic activity takes place. Land plays an important part in production because land itself and the resources on it are usually limited.