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JAMB Commerce 2012 Objective — Question 4

Question 4 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2012 Objective paper, with the correct answer and a full explanation.

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One of the inputs in production that can be motivated by remuneration is

  • A. capital
  • B. entrepreneur
  • C. labourCorrect
  • D. land

Explanation

Labour is the only factor of production which is motivated with remuneration. Other factors of production have more or less fixed reward.

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