WAEC Economics 2016 Objective — Question 4
Question 4 of 50 from the West African Examinations Council (WAEC) Economics 2016 Objective paper, with the correct answer and a full explanation.
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Which of the following cannot be classified as land in economics?
- A. Bauxite deposit in the ground
- B. a lake used for irrigation
- C. A bulldozer for clearing farm landCorrect
- D. Grazing field for cattle
Explanation
Bulldozer is a machine, thus, can be classified as capital in factors of production.
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