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Income of the four factors of production?
The four factors of production earn the following income:Land earns rent.Labour earns wages.Capital earns interest.Entrepreneurship earns profit.Refer to "Factors of productions?" for the definition of each factor of production. This can be found at [ Factor_of_production]
What are the rewards of factor of production?
land- rent labour- wages capital- interests organisation- profit
What are factor rewards?
A factor production is a productive resource. The four types are land, labor, capital and enterprise. Rewards for land are rent, for capital is interest, for labor is wages and enterprise is profit.
What do economists consider factor of production?
enumirate the different factor of production?
When can monopolist earn an economic profit?
A monopolist earns economic profit when the price charged is greater than their average total cost. To maximize profits, monopolies will produce at the output where marginal cost is equal to marginal revenue. To determine the price they will set, they choose the price on the demand curve that corresponds to this level of production.
Income of the four factors of production?
The four factors of production earn the following income:Land earns rent.Labour earns wages.Capital earns interest.Entrepreneurship earns profit.Refer to "Factors of productions?" for the definition of each factor of production. This can be found at [ Factor_of_production]
What causes the difference between actual and budgeted gross profit?
Budgeted gross profit is the expected profit amount before the start of production run while actual gross profit is the actual amount of profit which company earns after the production and sales of product.
What are the reward for each factor of production?
The Financial Reward is called Profit
What are the financial rewards for each factor of production?
The Financial Reward is called Profit
What are the rewards of factor of production?
land- rent labour- wages capital- interests organisation- profit
How Wikipedia earns money?
It's a non profit site. It earns through donations
Which state by the Krishnapatnam Port earns more profit?
andhrapradesh
What is equily profit?
Equity profit is the money that a company earns from using external capital in its business operations.
How much money does yogurtland earns?
About 50K per month profit
5 What is the projected turnover and profit By when?
The projected turnover is usually the amount of units expected to be sold over a financial period. It can help a company make profit projections if they factor in the costs of production.
What are factor rewards?
A factor production is a productive resource. The four types are land, labor, capital and enterprise. Rewards for land are rent, for capital is interest, for labor is wages and enterprise is profit.
What is the difference between loss and negative profit?
Loss and negative profit are same things as there is no such thing as negative profit if company spend more than its earns it has negative profit or loss.
