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WAEC Commerce 2021 Objective — Question 7

Question 7 of 50 from the West African Examinations Council (WAEC) Commerce 2021 Objective paper, with the correct answer and a full explanation.

The reward for land as a factor of production is

A. wage
B. rentCorrect
C. profit
D. interest

Explanation

Rent is the reward for land as a factor of production.

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