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WAEC Economics 2011 Objective — Question 15

Question 15 of 50 from the West African Examinations Council (WAEC) Economics 2011 Objective paper, with the correct answer and a full explanation.

The reward to land as a factor of production is

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

Explanation

The reward to land as a factor of production is rent.

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