MyQuestionIcon

79

You visited us 79 times! Enjoying our articles? Unlock Full Access!

Factors of Production

Labour is hir...

Question

Labour is hirable but you cannot hire:

A

Capital

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Land

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Manager

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Entrepreneur

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
Entrepreneur

All factors except enterpreneur can be hired.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Land, labour, capital, and entrepreneur are collectively called as _________________.

Q. The four main factors of production are land, labour, capital, and entrepreneurs.

Q. Fill in the blanks with appropriate alternatives given in the bracket.
______ is geographically immobile.
[Land, Labour, Capital Entrepreneur]

Q. Fill in the blanks with appropriate alternatives given in the bracket.
_________ is regarded as primary factor of production.
[Land, Labour, Capital, Entrepreneur]

Q. Distinguish between the following:

1. Land and capital

2. Fixed capital and variable capital

3. Insurable risk and non-insurable risk

4. Labour and entrepreneur

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Inputs to Outputs

ECONOMICS

Watch in App

explore_more_icon

Explore more

Factors of Production

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon