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Question 19 of 38

Q.The reward for labour is :

(a) profit
(b) rent
(c) interest
(d) wage
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2023MCQ· 1mImportance★★★★★
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The reward for labour is wage.

Under functional distribution, national income is shared among the four factors of production according to their function:

  • Land earns rent
  • Labour earns wage
  • Capital earns interest
  • Entrepreneur (organisation) earns profit …

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