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Factors Characteristics And Rewards Of Production - Commerce Jamb Past Questions and Answers

Commerce Questions And Answers On Factors Characteristics And Rewards Of Production
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Commerce Jamb Past Questions


Questions and Answers on Factors, characteristics, and rewards of production

Question 31 :



The factor of production that is relatively indestructible and immobile is _______?

A. Capital
B. Labour
C. Land
D. Rent


Question 32 :



What is the reward accruable to land?

A. Rent
B. Profits
C. Wages
D. Interest


Question 33 :



Risk bearing in business organisation is a function of the _____

A. Employees
B. Customers
C. Entrepreneur
D. Manager


Question 34 :



Land as a factor of production does not vary in _______

A. Quantity
B. Nature
C. Quality
D. Cost






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