The reward on machinery and equipment in the process of p...
The reward on machinery and equipment in the process of production is known as
Profit
Interest
Rent
Wages
Correct answer is B
Capital' - investment in man-made aids to production including buildings, factories, computers. The reward for capital is interest.
The following are advantages of large scale agriculture except ...
Choice involves opportunity cost because ...
Performance of one task in a production process is known as ...
Choice is necessary because resources ...
In the national income and product accounts, double counting is avoided if ...
Bondholders are treated more favorably than shareholders because ...
Which of the following is an implication of a large population? ...
A consumer with $10 needs a dress, a pair of shoes, a handbag and jewelry costing $20, $10, $7 ...