A. capital, labour, land and enterpreneur respectively
B. land, enterpreneur,labour and capital respectively
C. land, labour, capital and entrepreneur respectively
D. labour, enterpreneur, land and capital respectively
Correct Answer:
Option C – land, labour, capital and entrepreneur respectively
Explanation
- The reward of land is rent
- The reward of labour is wages
- The reward of capital is interest
- The reward for entrepreneur is profits.
- Hence we have, land, labour, capital and entrepreneur