Examveda

In real world, all factors of production are perfectly

A. Mobile

B. Immobile

C. Somewhat mobile

D. All of answers are correct

Answer: Option B

Solution (By Examveda Team)

In real world, all factors of production are perfectly immobile. Factors of production are the inputs needed for the creation of a good or service. The factors of production include land, labor, entrepreneurship, and capital.

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