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ICSE Class X Economics 2023 Papers

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Question : 24 of 47
Marks: +1, -0
What is the meaning of productivity of land?
Solution:  
Productivity of Land :
Productivity of Land is defined as the output obtained from land divided by total area of that piece of land used. Therefor,
 Productivity of Land = Total output obtained  Total area of land used \text{ Productivity of Land } = \frac{ \text{ Total output obtained } }{ \text{ Total area of land used } }
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