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laila [671]
3 years ago
9

What is the income flow associated with labour?

Business
1 answer:
ratelena [41]3 years ago
8 0

Answer:

Explanation:

Factor income is the flow of income that is derived from the factors of production ,the general inputs required to produce goods and services. Factor income on the use of land is called rent, income generated from labor is called wages, and income generated from capital is called profit.

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