International Journal of Innovative Research and Development

Abstract

A number of objections were raised against this view because it considered only land which is just one factor of production while other factors are also responsible, therefore, it was arbitrary to attribute productivity entirely to land and express it per acre of land. It was suggested, for instance, that productivity could also be measured in terms of per unit of labour and different regions compared on that basis. It was pointed out further, that the average returns per unit of scarce resource does not depict the true picture.

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