JAMB Economics 2023 Objective — Question 26

Question 26 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2023 Objective paper, with the correct answer and a full explanation.

The most stagnant factor of production is

A. (A) LandCorrect
B. (B) labour
C. (C) capital
D. (D) entrepreneur

Explanation

Land is fixed in supply and location, making it the most immovable (stagnant) factor of production.

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