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

Question

Guest

Geography

29 October, 23:37

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

+4

Answers (2)

Know the Answer?

Ronnie Browning · Answer 1

Which of the following is a factor payment for a factor of production? there is no following to look at

Krista · 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, or the factors of production in return for productive services. They are also categorized according to the services of the productive resources being rewarded.