Of all the payments made to factors of production in the United States in 2009, ____ received the lowest share.
A) land rents
B) labor
C) interest payments
D) corporate profits

Question

Quizplus · Accepted Answer

Land rents generally receive the lowest share of payments made to factors of production because land is considered a fixed factor that cannot be increased in supply. Labor and capital, on the other hand, can be increased to meet demand, resulting in higher wages and profits. Interest payments and corporate profits are also typically higher than land rents.

Of All the Payments Made to Factors of Production in the United