What is the reward accruable to land?
...What is the reward accruable to land?
Rent
profits
wages
Interest
Correct answer is A
Since land is a free gift of nature, it doesn't require any cost to be paid in order to make it available to the society for use.
As the quantity of land available for use is scarce relative to demand, a price must be paid for its use. Hence, the view point of the society , the earnings of land becomes economic rent.
The effects of devaluation includes all except _______ ...
A new company requiring a large amount of equity finance may source funds from the? ...
The most important advantage of personal selling is that it ...
The setting of objectives for an organization and determining how to accomplish them is? ...
The authorised capital of a company is also referred to as it's? ...
A distinctive advantage of GSM is its? ...
The concept that refers to the sale, transfer or exchange of goods and service is? ...
In a law of contract, what is given in exchange for a promise to perform is? ...
Which of the following is an advantage of indigenization ? ...