Question

5 Rent is a factor payment paid to
(a) land
(b) restaurants
(c) building
(d) factory​

Answer 1

Explanation:

As wages are being paid for services of labor, interest is paid for the services of capital, rent is paid for the services provided by the land or other immovable assets and profit is for the factor of payment to entrepreneurship.

Answer 2

Answer:

hiiii mate

As wages are being paid for services of labor, interest is paid for the services of capital, rent is paid for the services provided by the land or other immovable assets and profit is for the factor of payment to entrepreneurship. ... Labor is the specific factor of production and payment is made in the form of wage.