Which are the characteristics of the factors of production?

Substitutability

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

Complementarity

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

Specificity

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

All of the above

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

Open in App

Solution

The correct option is B All of the above
The factors of production are land, labour, capital and entrepreneur.

Suggest Corrections

Similar questions

Q. Which of the following are not characteristics of capital as a factor of production?

Mendel said that the characteristics or traits of organisms are carried from one generation to the next by internal factors which occur in pairs. What is the modern name for these factors?

Q. Which of these is/are not characteristic of land as a factor of production.?

Q. A. A gas exerts pressure on the walls of the container. Why?
B. Define interconversion of states of matter. What are the two factors responsible for the change of states of matter?
C. What are the characteristics of the particles of matter?
D. Give reason:

A gas can fill the whole vessel in which it is enclosed.

Which of the following is/are characteristic/characteristics of liquids?

Join BYJU'S Learning Program

Which are the characteristics of the factors of production?

The correct option is B All of the aboveThe factors of production are land, labour, capital and entrepreneur.

The correct option is B All of the above
The factors of production are land, labour, capital and entrepreneur.