The incomes received by the four factors of production are:
A) rents, wages, interest, and profits.
B) rents, salaries, dividends, and net income.
C) rents, profit sharing, dividends, and net income.
D) capital gains, wages, dividends, and net income.

Question

Quizplus · Accepted Answer

The four factors of production (land, labor, capital, and entrepreneurship) receive incomes in the form of rents (for land), wages (for labor), interest (for capital), and profits (for entrepreneurship).

The Incomes Received by the Four Factors of Production Are