Land as a factor of production does not vary in ____________
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Correct Answer: Option A
Explanation:
The total quantity of land available is relatively fixed and cannot be increased significantly by human effort. However, land can differ in quality and fertility from one location to another, and its value or cost can also vary.
The total quantity of land available is relatively fixed and cannot be increased significantly by human effort. However, land can differ in quality and fertility from one location to another, and its value or cost can also vary.