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Factor payments means is a wage or interest or rent or profit payment for a service of scarce resources, in return for a productive services.
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∙ 9y ago
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How do you define Non-wage factor?
non -wage factors are factor that are factor without payments
What do people supply in return for factor payments?
Land, labor, or capital.
What are two types of payments of factors of production?
There arent only 2 payments of production and it depends on which factor of production you're talking about. For Labour - the payment to the factor is Wages, For Capital - Interest For land - Rent Entrepreneurship - Profits These payments to the factos of production are provided by the firms. M x
What does monthly housing payments mean?
It means that you have to make monthly payments on your house.
Does social security payments count in figuring out the payment made to the bankruptcy court?
Social security payments are not a factor in the means test. However, they are a factor in terms of your budget and as to how much you have available to repay creditors under Chapter 13.
What does extract of payments mean?
extracted payment mean
What does aggregate lease payments mean?
The sum of all payments including principle and interest.
What does bop mean in business?
Balance of payments
What do you mean by balance of payements?
I mean "how many payments do you still need to make?".
What does delinquency of credit mean?
It means you have late payments.
What is the income people receive for supplying factors of production such as land labor or capital called?
They are called factor payments.
Can you finance a car while on section 8?
Sure, but your car payments are not going to be a factor towards your income or its deductions.
