The income paid to the owner of land, labor or capital, in return for productive service is called Factor Payment.
Factor payment is basically the income that is received by the person/company, who supplies the factors of production to someone or to some company and in return gets paid for them.
Now factors of production are land, labor, capital, entrepreneurship etc.
Income generated through factor payments can also be categorized accordingly, like wages are being paid for the services of labor, rent is being paid for using the land or any immovable asset, interest is paid on capital, and profit is shared with entrepreneurship.
Answer:
Transport infrastructure is one of the most important factors for a country's progress. ... It has been proven by so many instances how transport infrastructure has added speed and efficiency to a country's progress. Good physical connectivity in the urban and rural areas is essential for economic growth
If you estimated the length of the bottom line perfectly on every trial, the error percentage for each trial would be (A) 0%
If one makes an accurate calculation of how long the bottom life will last, the percentage of error will likewise be zero.
This is further explained below.
<h3>What is
the percentage of error?</h3>
Generally, The difference that exists between an exact value and an estimate of that value is referred to as the approximation error in a data value.
Both an absolute mistake and a relative error are viable ways to describe this particular issue.
In conclusion, If you were able to predict the length of the bottom line with absolute precision on each and every try, the error percentage for each and every try would be (A) 0%.
If one makes an accurate calculation of how long the bottom life will last, the percentage of error will likewise be zero.
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complete question
If you estimated the length of the bottom line perfectly on every trial, what would the error percentage be for each trial?. 0% 100% 50% 10%
The southern colonies relied on plantation because their economy was based off of agriculture.
