Question: what are the four characteristics of labor?
Answer: 1] Perishable in Nature. ...  Browse more Topics under Theory Of Production And Cost. ...  2] Labour is Inseparable from the Labourer. ...  3] Human Effort. ...  4] Labour is Heterogeneous. ...  5] Labour has Poor Bargaining Power. ...  6] Not Easily Mobile. ...  7] Supply of Labour is relatively Inelastic.