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What term defines the income paid to the owner of land, labor, or capital in return for productive service? A. cost B. price C. factor payment D. economic system

What term defines the income paid to the owner of land, labor, or capital in return for productive service? A. cost B. price C. factor payment D. economic system
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What term defines the income paid to the owner of land, labor, or capital in return for productive service?

A.
cost


B.
price


C.
factor payment


D.
economic system

asked
User Teoh Han Hui
by
7.8k points

1 Answer

4 votes
It's C, factor payment.


You're welcome!
answered
User Slavcho
by
8.3k points
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