|
up vote
0
down vote
favorite
|
|
||
|
|
Can you answer these questions?
Your Answer
Related Content
 |
Factor payments
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 ... |
|
What is the income people receive for supplying factors of ...
They are called factor payments. ... What is the income people receive for supplying factors of production such as land labor or capital called? What is the income people receive for supplying ... |
|
CHAPTER 1: WHAT IS ECONOMICS?
Countless possible combinations of land, labor, and capital ... Factor payments: the income people receive for supplying factors of production, such as land, labor, or capital ... a centrally planned economy; (They basically mean the same thing). |
Related Questions
|
what is the difference between great and grate? |
|
|
What is the antonym of prioritising? |
|
|
what dose this comandment mean? |
Related Content
|
Factors of Production, The Economic Lowdown Podcast Series | St ...
... the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, ... The income that resource owners earn in return for land resources is ... While money can be used to buy capital, it is the capital good (things such ... |
|
economics 4 - Self-Quiz with Vocabulary Practice Economic ...
The income people receive for supplying factors of production, such as land, labor, or capital, are CORRECT : factor payments. EXPLANATION : Factor ... |
|
Economics Vocabuary Flashcards
Land,Labor and Capital; Resources that are used to make all goods and ... The income people receive for supplying factors of production, such as land ... Are an arrangement that allows buyers and sellers to exchange things. |
|
Scarcity and Options | Chapter 2 | The Economics of Discrimination ...
—land, labor, capital, and entrepreneurship—are privately owned by people who ... receive money income in the form of wages (for labor), rent (for land), interest ... household can command an income for supplying a factor service, because, ... . money out of my checking account on things I want, such as paying money to a ... |
|
Macro Test I - Economics 10233 with Ellis at Texas Christian ...
Land, Labor, Capital, Entrepreneurship. (circular flow ... income people receivefor supplying factors of production such as land, labor or capital. |