which of the following resources would be considered to be land by an economics? multiple select question. arable land forests oil and mineral deposits factories water

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07-09-2022
Business

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which of the following resources would be considered to be land by an economics? multiple select question. arable land forests oil and mineral deposits factories water

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Ewomazinoadeidn Ewomazinoadeidn · Answer 1 · 2022-09-14T08:57:04-04:00

The following resources would be considered as land in economics : arable land, forests, oil and mineral deposits, and water.

What is land?

Land is one of the four factors of production. Factors of production are the resources, human and natural, that are used to facilitate the production of goods and services. The factors of production are land, labor, capital and entrepreneurship.

Land include all the natural resources that are used in the production of goods and services. The reward of land is rent. Land is a fixed factor of production. Land include mineral resources, rivers and arable land.

To learn more about land, please check: https://brainly.com/question/19610001

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What is land?

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