The income of a person depends on
A)The price of labor owned
B)The quantity of labor owned
C)The quantity of capital owned
D)All of the above
E)None of the above

Name: The income of a person depends on A)The price of labor owned B)The quantity of labor owned C)The quantity of capital owned D)All of the above E)None of the above
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Question

Quizplus · Accepted Answer

Income can be derived from owning labor, capital, or both. Therefore, all the options listed contribute to a person's income.

The Income of a Person Depends on