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WAEC Commerce 2025 Objective — Question 6

Question 6 of 51 from the West African Examinations Council (WAEC) Commerce 2025 Objective paper, with the correct answer and a full explanation.

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A feature of land is that

  • A. it is homogenous
  • B. its value falls over time
  • C. its supply is fixedCorrect
  • D. it attracts dividend

Explanation

Land is said to be fixed in supply — its supply cannot be increased or decreased.

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