Profit is the factor price for _______.
A) land
B) capital
C) labour
D) entrepreneurship

Name: Profit is the factor price for _______. A) land B) capital C) labour D) entrepreneurship
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Question

Quizplus · Accepted Answer

Profit is considered the reward or factor price for entrepreneurship. Entrepreneurs take on the risks of starting and managing businesses, and in return, they receive profits as their compensation.

Profit Is the Factor Price for _______