Answer:
LAND
Elasticity The elasticity of land is perfectly inelastic.
CAPITAL
The elasticity of capital is relatively elastic
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Answers & Comments
Land:- Land is motionless. Supply of land is fixed. It is a free gift of nature and limited in supply. Land is permanent and indestructible.
Capital:- Capital is moved easily. Supply of capital can be increased or decreased. Capital is perishable. Capital is man-made.
Answer:
LAND
Elasticity The elasticity of land is perfectly inelastic.
CAPITAL
The elasticity of capital is relatively elastic