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Two major factors of production are:
  • a)
    Labour and land
  • b)
    Land and capital 
  • c)
    Land and technology
  • d)
    Capital and labour
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Two major factors of production are:a)Labour and landb)Land and capita...
Land and capital are two major factors of production.
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Two major factors of production are:a)Labour and landb)Land and capitalc)Land and technologyd)Capital and labourCorrect answer is option 'B'. Can you explain this answer?
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