Which Factor of Production Is Paid 'Profit

question 27

Multiple Choice

Which factor of production is paid 'profit'?

• A) Capital
• B) Entrepreneurship
• C) Land
• D) Labour
• E) Human capital

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Definitions:

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.

Officer

An individual holding a position of authority or command, especially within a governmental, military, or corporate structure, responsible for enforcing laws or policies.

Shareholders

Investors in a corporation, who own the corporation.

Dividends

Payments made by a corporation to its shareholders, usually derived from profits.