In economics, the term ʺlandʺ means
A) land, mineral resources, and natureʹs other bounties.
B) only land that is used in agricultural production.
C) land that is devoted to economic pursuits.
D) land used for agricultural and urban purposes.
Correct Answer:
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Q72: A natural resource, such as fishing territories,
Q73: Factors of production include
A) land, labor, capital
Q74: Which of the following is correct? Factors
Q75: Which of the following is NOT a
Q76: Which of the following is NOT a
Q78: The ʺgifts of natureʺ are included as
Q79: Which factor of production earns most income
Q80: Which of the following best defines capital
Q81: One economist says that raising taxes on
Q82: Which of the following is NOT an
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