Net Domestic Income at the Factor Cost Refers to The

question 165

Multiple Choice

Net Domestic Income at the factor cost refers to the:

• A) total income earned by Canadian-supplied factors of production as wages,interest,rent and profit.
• B) total income earned by foreign-supplied factors of production as wages,interest,rent and profit total income earned by foreign-supplied and Canadian-supplied factors of
• C) production as wages,interest,rent and profit.
• D) total income earned by Canadian households.

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Definitions:

Target Return-on-investment Pricing

A pricing strategy aiming to set prices based on the expected return on investment (ROI) that is targeted by the company.

Annual Target ROI

The specific return on investment a company aims to achieve within one fiscal year.

Target Return-on-investment Pricing

A pricing method aimed at achieving a specific return on investment by setting prices based on the required rate of return.

Automobile Manufacturer

A company engaged in the design, production, marketing, and selling of motor vehicles.