If X represent the factors of production and Y represent ...
If X represent the factors of production and Y represent the factor price, which of the following sets of association is correct?
(land, rent) (capital, wage), (labour, profit)
(land, interest) (capital,profit), (labour, wage)
(land, wage), (capital, interest), (labour,rent)
(land,rent), (capital, interest), (labour, wage)
Correct answer is D
No explanation has been provided for this answer.
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