Every factor of production gets reward equal to:

Related MCQs

• Every factor of production gets reward equal to its:
• The producer’s demand for a factor of production is governed by the ___ of that factor.
• Equilibrium in the factor market achieved at the factor price and factor quantity is given by
• When a firm’s average revenue is equal to its average cost, it gets ________.
• According to Prof Knight, profit is the reward for
• Under Marginal productivity Theory, reward for labour is determined by
• The return to a factor of production which is fixed in supply in the short period is called
• The market, where the services of factor of production are bought and sold is, is
• Demand for factor of production is
• Which of the following is not a factor of production?