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WAEC Economics 2020 Question 3

Question 3

Theory of Production

Land as a factor of production is made useful through the

  1. A.application of human effort.
  2. B.acts of nature.
  3. C.application of fertilizer.
  4. D.use of machines.
Show the answer and explanation

Answer: A (application of human effort.)

Explanation

Land is a gift of nature, but it yields output only when people work on it.