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WAEC Economics 2007 Question 5

Question 5

Theory of Production

One characteristic of labour is that it is

  1. A.fixed in demand
  2. B.fixed in supply
  3. C.mobile
  4. D.untrainable.
Show the answer and explanation

Answer: C (mobile)

Explanation

Labour can move from place to place and from job to job, so it is mobile.