write any four characteristic of labour as a factor of production
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Labour plays a very important role and is one of the main factor of production..
..Perishable in Nature
..Human Effort
..Not Easily Mobile
..Labour has Poor Bargaining Power
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Characteristics of Labour as a Factor of Production
1] Perishable in Nature
2] Labour is Inseparable from the Labourer
3] Human Effort
4] Labour is Heterogeneous
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