Question

Why is land no longer seen as a fixed factor of production

Answer 1

Answer:

Land is a strictly fixed factor of production. Obviously, the quantity of land in existence will always remain the same and no human power can alter that. This means that no amount of change in demand can change the supply of land.

Answer 2

Answer:

LAND IS THE STRICTLY FIXED FACTOR OF PRODUCTION OBVIOUSLY THE QUANTITY OF LAND IN EXTENSIONS WILL ALWAYS REMAIN THE SAME AND NO HUMAN POWER CAN ULTA THAT THIS MEANS THAT NO AMOUNT OF CHANGE IS DEMAND CAN CHANGE THE SUPPLY OF LAND....