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WAEC Economics 2017 Theory — Question 9

Question 9 of 23 from the West African Examinations Council (WAEC) Economics 2017 Theory paper, with the correct answer and a full explanation.

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3(b) State three features of land.

Model answer

Features of land: (i) It is fixed in supply (ii) It embodies natural resources (iii) It is subjected to diminishing returns.

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