Question

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

Answer 1

the amount of money required to buy a car

Step-by-step explanation:

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Answer 2

In economics, factor payments are the income people receive for supplying the factors of production: land, labor, or capital. Payments made of scarce resources, orthe factors of production in return for productive services. They are also categorized according to the services of the productive resources being rewarded.