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Question

Which of the following is sailent feature of 'Labour as factor of production?

A
Labour is an active factor of production
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B
Labour is not perishable
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C
Labour is separable from the labourer
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D
All of above
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Solution

The correct option is D Labour is an active factor of production
Labour is an active factor of production as it can participate independently in the production mechanism of an economy.Without the labour factor ,other factors of production are of no use.

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