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6 December, 19:54

What do people supply in return for factor payments?

A. Innovation, profit, or goods

B. Land, labor, or capital

C. Services, goods, or traditions

D. Innovation, labor, or trade

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Answers (2)
  1. 6 December, 19:58
    0
    The correct answer would be option B. Land, labor or capital. The people supply land, labor, or capital in return for factor payments. A factor payment is a wage or interest in return of productive services, resources or any of the factors of production which are land, labor, or capital.
  2. 6 December, 20:00
    0
    B. Land, labor, or capital
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