WAEC Economics 2024 Objective — Question 3
Question 3 of 50 from the West African Examinations Council (WAEC) Economics 2024 Objective paper, with the correct answer and a full explanation.
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3. Which of the following is NOT a feature of labour?
- A. It is an active factor of production.
- B. It is highly mobile.
- C. Its reward is wages or salaries.
- D. Its efficiency depends on its size.Correct
Explanation
The efficiency of labour does not depend on its size but on the expertise/skill relevant to the job assigned to the worker.
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