Download App

Factors of Production — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsFactors of Production1 Mark
MCQ
"If a labourer does not work for a day, his labour for that one day's work will be lost forever."Which characteristic of a labour is expressed. In this statement?
  • A
    Labour is mobile
  • B
    Labour is an active factor
  • ✓
    Labour is perishable
  • D
    Labour supply varies over time
✓

Answer

Correct option: C.
Labour is perishable
C

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "MCQ" from Factors of Production→Factors of Production — all question types→Economics STD 10 question papers→ICSE Board STD 10 question papers→ICSE Board question paper generator→

Similar questions

Tea and coffee are examples of _________.
→
In which market form, marginal revenue is equal to price?
→
__________ is that which is never returned by the government, although it pays the interest thereon regularly.
→
A shirt costing ₹300 is _________ function of money.
→
Given values of price elasticities of demand, less 'elastic' demand is
→
Deposits made by the people from their own resources are called _________.
→
If Coke and Fanta are close substitutes to each other, a rise in price of Coke will lead to _________ for Fanta.
→
Electricity is an example of _________ demand.
→
When is the demand for a good said to be elastic?
→
The debt that does not yield income to the government is called a:
→