The factor of production that is relatively indestructible and immobile is?

A. capital
B. labour
C. land
D. rent

Correct Answer:

Option C – land

Explanation

land is a different type of factor of production than others. it possesses the following characteristics:-

1. free gift of nature- land is a gift of nature given to man free of cost
2. land is limited in supply- other factors of production can be increased in supply to a greater or lesser extent. but it is impossible to increase the supply of land
3. land is a primary factor of production- in every kind of production, we have to make use of land
4. land is a passive factor of production- land is a passive factor of production because it cannot produce anything by itself
5. land is permanent- land is indestructible
6. land is immovable
7. land varies in fertility