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Which of the following is a factor payment for a factor of production?

a. interest for capital
b. interest for money
c. profit for labor
d. wages for land

User Bcattle
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2 Answers

3 votes
I think the most appropriate answer would be D.



I hope it helped you!
User Mehul Solanki
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4 votes

Answer:

The correct answer is letter "A": interest for capital.

Step-by-step explanation:

Factors of production are economic trends describing the general inputs used to produce goods and services to make a profit. Under the classical view of economics, the factors of production consist of land, labor, capital, and entrepreneurship. Capital usually refers to money. For this approach, capital allows buying goods, lands or to pay wages.

User DShah
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