Commerce JAMB

The rewards of rents; wage; interests and profits accrue from?

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
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