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An important feature of land is that it

An important feature of land is that it
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Has an elastic supply
  • B Is an active factor of production
  • C Is heterogenous in nature
  • D Is subject to returns to scale
Correct Answer: Option B
Explanation:
[b]Land possesses the following characteristics:[/b]

Free Gift of Nature
Fixed Quantity
Land is Permanent
Land is a Primary Factor of Production
Land is a Passive Factor of Production
Land is Immovable
Land has some Original Indestructible Powers
Land Differs in Fertility

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