In real world, all factors of production are perfectly

A. Mobile
B. Immobile
C. Somewhat mobile
D. All of answers are correct
✅ The correct answer is option B.
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.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top