JAMB - Commerce (2010 - No. 6)
The rewards of rents, wages, interests and profits accrue from?
capital, labour, land and enterpreneur respectively
land, enterpreneur,labour and capital respectively
land, labour, capital and entrepreneur respectively
labour, enterpreneur, land and capital respectively
Uitleg
The reward of land is rent
The reward of labour is wages
The reward of capital is interest
The reward for entrepreneur is profits.
Hence we have, land, labour, capital and entrepreneur
The reward of labour is wages
The reward of capital is interest
The reward for entrepreneur is profits.
Hence we have, land, labour, capital and entrepreneur