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Paper 2 · November 2018 · Production

Which of the following is a correct factor-of-production and reward pairing?

ALand and wages
BLabour and interest
CCapital and profit
DLand and rent

Explanation

Land is rewarded with rent; labour with wages; capital with interest; entrepreneurship with profit.

Derived from ZIMSEC Commerce 4049/2 Paper 2, November 2018, Q1

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