Economy, asked by veersharma3, 6 months ago

Define Factor income

Answers

Answered by TheWonderWall
10

⠀⠀⠀ \large \pink {Gud \: morning \: mAte }

Factor income :-

⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ is the flow of income that is derived from the factors of production—the general inputs used in the production of goods or services in order to make an economic profit. Factors of production include land, labor, and capital.

hope it helps ♥️

Answered by Anonymous
2

Explanation:

Factor income is the progression of income that is obtained from the factors of income- the general factors of production utilized in the creation of merchandise or service as to Make a monetary benifit. components of creation incorporate land , work and capital...

pls mark me as brainlist

Similar questions