Economy, asked by madhuripandit1984, 3 months ago

Factor payment received by land in the form of money.​

Answers

Answered by saritamehraa5
2

Answer:

✌️Hope it's helpful for u!!! ❤️

Explanation:

Factor payments include Interest, Profits, Rent and also royalty.

There are generally four factors of production labour, capital, land and entrepreneurship. Labour gets wages and salaries, capital gets interest, land gets rent and entrepreneurship gets profit as their remuneration.

Thanku ❤️.

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